Thornton, Daniel L. - Federal Reserve Bank of St. Louis - 2006
Motivated, on the one hand, by the belief that the Fed controls the short-term rate through open market operations, and …
Motivated, on the one hand, by the belief that the Fed controls the short-
term rate through open market operations, and on the … assistance.
It is generally conceded that the Fed uses open market operations to control the federal
funds rate through the …