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The Greenspan era : lessons for the future : a summary of the Bank's 2005 Economic Symposium

Kahn, George A. - In: Economic Review (2005) Q IV, pp. 35-45

During Alan Greenspan’s years at the helm of the Federal Reserve System, the global economy has undergone significant … honor Alan Greenspan’s service, the Federal Reserve Bank of Kansas City sponsored an economic symposium to explore several … through such challenges, Chairman Greenspan has been at the center of discussions on monetary policy ideas and issues. To …

Persistent link: https://www.econbiz.de/10005379544

Commercial banks and the central bank in a market economy

Greenspan, Alan - In: Economic Review (1989) Nov, pp. 3-12

Persistent link: https://www.econbiz.de/10005713220

Achieving price stability: a 1993 report card

Kahn, George A. - In: Economic Review (1994) Q I, pp. 5-18

The primary goal of Federal Reserve monetary policy is to foster maximum sustainable growth in the U.S. economy by achieving price stability over time. Although considerable progress toward price stability has been made since the early 1980s, inflation remains above the level most analysts would...

Persistent link: https://www.econbiz.de/10005373392

Should the Federal Reserve continue to monitor credit?

Fackler, James S. - In: Economic Review (1988) Jun, pp. 39-50

The erratic behavior of credit aggregates in recent years has led to questions about whether any credit measure is useful in conducting monetary policy. Empirical evidence suggests that the private component of total credit may provide useful information to monetary policymakers.

Persistent link: https://www.econbiz.de/10005373454

The value of interest rate smoothing : how the private sector helps the Federal Reserve

Amato, Jeffery D.; Laubach, Thomas - In: Economic Review (1999) Q III, pp. 47-64

Most central banks conduct monetary policy by setting targets for overnight interest rates. During the 1990s, central banks have tended to move these interest rates in small steps without reversing direction quickly, a practice called interest rate smoothing. For example, the majority of Federal...

Persistent link: https://www.econbiz.de/10005379535

Monetary policy and the well-being of the poor

Romer, Christina D.; Romer, David H. - In: Economic Review (1999) Q I, pp. 21-49

Poverty is arguably the most pressing economic problem of our time. And because rising inequality, for a given level of income, implies greater poverty, the distribution of income is also a central concern. At the same time, monetary policy is one of the modern age's most potent tools for...

Persistent link: https://www.econbiz.de/10005379561