Federal Reserve transparency and financial market forecasts of short-term interest rates
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Federal Reserve transparency and financial market forecasts of short-term interest rates

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Published by Federal Reserve Board in Washington, D.C .
Written in English


Book details:

Edition Notes

StatementEric T. Swanson.
SeriesFinance and economics discussion series ;, 2004-06, Finance and economics discussion series (Online) ;, 2004-06.
Classifications
LC ClassificationsHG1
The Physical Object
FormatElectronic resource
ID Numbers
Open LibraryOL3389774M
LC Control Number2004616438

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Eric T. Swanson, "Federal Reserve transparency and financial market forecasts of short-term interest rates," Finance and Economics Discussion Series , Board of Governors of the Federal Reserve System (U.S.). Handle: RePEc:fip:fedgfe Request PDF | Federal Reserve Transparency and Financial Market Forecasts of Short-Term Interest Rates | The s and early s witnessed an unprecedented increase in central bank transparency. These broader market facilities are designed to unfreeze credit markets and lower interest rate spreads and are a natural extension of the traditional central bank responsibility to serve as a backup source of liquidity during periods of financial strain. 9 In this way, these facilities represent an essential part of the Federal Reserve's. Third, extant studies on the association between monetary policy transparency and disagreement about interest rate forecasts have focused almost exclusively on short-term interest rates (Howells.

Short-term interest rates forecast refers to projected values of three-month money market rates. It is measured as a percentage. Forecast data are calculated by making an overall assessment of the economic climate in individual countries and the world economy as a whole, using a combination of model-based analyses and statistical indicator models.   Market expectations about future rate increases or decreases will also impact the yield curve for Treasury securities and also impact the interest rates for other debt securities : Phalguni Soni. The Federal Reserve is likely to raise short-term interest rates by a quarter percentage point after its two-day policy meeting concludes Wednesday, the sixth such move since late The Federal Reserve cut its federal funds rate a half percent today to keep a sputtering economic recovery on the move. Fed slashes short-term interest rates. 4 min read The rate-setting Author: Holden Lewis.

Eric T. Swanson, "Federal Reserve transparency and financial market forecasts of short-term interest rates," Finance and Economics Discussion Series , Board of Governors of the Federal Reserve System (U.S.). Frederic S. Mishkin & Adam S. Posen, Interest Rate Forecasts Are Not Available from the Fed The Federal Reserve's monetary policy-making body, the Federal Open Market Committee (FOMC), typically meets eight times each year to evaluate economic and financial market conditions and make a decision on whether to raise, lower, or keep the target federal funds interest rate unchanged. In addition, in theory, if the central bank indicates that the future path of short-term interest rates will be low for a long time—lower and for longer than would have been consistent with the central bank’s past behavior—this can also put downward pressure on longer-term interest rates, thereby adding accommodation and spurring current Author: Loretta J. Mester. The Federal Reserve System (also known as the Federal Reserve or simply the Fed) is the central banking system of the United States of was created on Decem , with the enactment of the Federal Reserve Act, after a series of financial panics (particularly the panic of ) led to the desire for central control of the monetary system in order to alleviate financial cy: United States dollar, USD (ISO ).