The Current Month Fed Information Effect
Melanie Friedrichs () and
David Miller
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Melanie Friedrichs: https://www.financialresearch.gov/research-staff/details/melanie-friedrichs/
No 2024-11-21-1, FEDS Notes from Board of Governors of the Federal Reserve System (U.S.)
Abstract:
Economic forecasters may believe that interest rate changes by the Federal Reserve (Fed) reveal information about the state of the economy. If so, forecasters will update their forecasts of the economy based on this information; e.g. if the Fed cuts rates unexpectedly, forecasters may conclude the economy is in worse shape than they had previously thought.
Date: 2024-11-21
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedgfn:2024-11-21-1
DOI: 10.17016/2380-7172.3656
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