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What Is Yield Curve Control?

Kathryn Bokun and Kevin Kliesen

On the Economy from Federal Reserve Bank of St. Louis

Abstract: Australia and Japan have recent experience in controlling the yield curve as a tool to conduct monetary policy. The U.S. did so in the 1940s and early 1950s.

Keywords: yield curves; yield curve control; yield curve caps; monetary policy (search for similar items in EconPapers)
Date: 2020-08-11
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