Federal Reserve Bank of St. Louis
Page One Economics Newsletter
A New Frontier: Monetary Policy with Ample Reserves
The Federal Reserve conducts the nation’s monetary policy to promote maximum employment and price stability through the federal funds rate. This issue of Page One Economics reviews the previous framework for monetary policy and then describes the Federal Reserve’s new strategy for influencing the federal funds rate and the broader economy.
Cite this item
Scott A. Wolla, "A New Frontier: Monetary Policy with Ample Reserves"
, Federal Reserve Bank of St. Louis, Page One Economics Newsletter, pages 1-7, number 00045, May 2019.
This item with handle RePEc:fip:fedlpo:00045
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