Journal Article

The M2 slowdown and depository intermediation: implications for monetary policy


Abstract: An examination of credit flow rechanneling away from depository institutions over the past decade in response to evolving financial markets and regulatory structure, and a discussion of how this trend has complicated monetary policymaking.

Keywords: Monetary policy; Money supply;

Access Documents

Authors

Bibliographic Information

Provider: Federal Reserve Bank of Cleveland

Part of Series: Economic Commentary

Publication Date: 1992

Issue: Sep

Order Number: 2