Exchange-market intervention and U.S. monetary policy

An essay contending that a central bank interested in maintaining price stability gains little from exchange-market intervention, particularly when it acts jointly with fiscal authorities.

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Year of publication:	1991
Authors:	Humpage, Owen F.
Published in:	Economic Commentary. - Federal Reserve Bank of Cleveland. - 1991, Oct, 1
Publisher:	Federal Reserve Bank of Cleveland
Subject:	Foreign exchange - Law and legislation \| Monetary policy

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Extent:	application/pdf
Type of publication:	Article
Language:	English
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005717927