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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Persistent link: https://EconPapers.repec.org/RePEc:fip:l00001:88618
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