Monetary Policy Space in a Recession: Some Simple Interest Rate Arithmetic
Michael Kiley
No 2020-01-08-2, FEDS Notes from Board of Governors of the Federal Reserve System (U.S.)
Abstract:
As an alternative, two recession scenarios are presented in which interest rates change from October 2019 levels by the same amount as seen, on average, around the 1990 and 2001 recessions.
Date: 2020-01-08
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedgfn:2020-01-08-2
DOI: 10.17016/2380-7172.2484
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