Description

Book Synopsis
The "Great Recession" and the ensuing weak recovery have led the Federal Reserve (Fed) to re-evaluate its monetary policy. Since December 2008, overnight interest rates have been near zero; at this "zero bound," they cannot be lowered further to stimulate the economy. As a result, the Fed has taken unprecedented policy steps to try to fulfil its statutory mandate of maximum employment and price stability. Congress has oversight responsibilities for ensuring that the Fed''s actions are consistent with its mandate. This book analyses the economic effects of these programs, the current economic context in which these policies have been adopted, policy alternatives that the Fed has not pursued to date and their potential effects, potential legislative options for restricting the Fed''s pursuit of unconventional monetary policy, and issues surrounding the eventual "exit strategy" from unconventional policy.

Unconventional Monetary Policy & the Federal

    Product form

    £126.74

    Includes FREE delivery

    RRP £168.99 – you save £42.25 (25%)

    Order before 4pm tomorrow for delivery by Sat 1 Aug 2026.

    A Hardback by Payton E Dawson, Dennis A West

    Out of stock

      Trusted by thousands of customers. See 2,385+ Customer Reviews

      View other formats and editions of Unconventional Monetary Policy & the Federal by Payton E Dawson

      Publisher: Nova Science Publishers Inc
      Publication Date: Publication Date: 19/06/2013
      ISBN13: 9781626186378, 978-1626186378
      ISBN10: 1626186375

      Description

      Book Synopsis
      The "Great Recession" and the ensuing weak recovery have led the Federal Reserve (Fed) to re-evaluate its monetary policy. Since December 2008, overnight interest rates have been near zero; at this "zero bound," they cannot be lowered further to stimulate the economy. As a result, the Fed has taken unprecedented policy steps to try to fulfil its statutory mandate of maximum employment and price stability. Congress has oversight responsibilities for ensuring that the Fed''s actions are consistent with its mandate. This book analyses the economic effects of these programs, the current economic context in which these policies have been adopted, policy alternatives that the Fed has not pursued to date and their potential effects, potential legislative options for restricting the Fed''s pursuit of unconventional monetary policy, and issues surrounding the eventual "exit strategy" from unconventional policy.

      Recently viewed products

      © 2026 Book Curl

        • American Express
        • Apple Pay
        • Diners Club
        • Discover
        • Google Pay
        • Maestro
        • Mastercard
        • PayPal
        • Shop Pay
        • Union Pay
        • Visa

        Login

        Forgot your password?

        Don't have an account yet?
        Create account