ERIC Number: EJ536696
Record Type: Journal
Publication Date: 1996
Reference Count: N/A
Monetary Policy at Work: Lessons from the FOMC Transcripts.
Spencer, Roger W.
Journal of Economic Education, v27 n4 p309-22 Fall 1996
Utilizes Federal Open Market Committee (FOMC) transcripts to reveal how the Federal Reserve shapes monetary policy. Analysis of the documents shows the Committee examining a wide variety of indicators and approaches in an attempt to determine the appropriate time for a policy change. Inflationary pressures were a preeminent concern. (MJP)
Descriptors: Banking, Business Cycles, Content Analysis, Economic Impact, Economics Education, Federal Government, Federal Regulation, Financial Policy, Government Publications, Government Role, Higher Education, Inflation (Economics), Interest (Finance), Investment, Macroeconomics, Monetary Systems, Primary Sources
Publication Type: Reports - Descriptive; Journal Articles
Education Level: N/A
Audience: Researchers; Teachers; Practitioners
Authoring Institution: N/A