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Negating the inflation potential of the Fed's lending programs

Author

Listed:
  • Daniel L. Thornton

Abstract

The sale of typical securities would force the Fed to contract its lending programs, whereas the sale of Fed bills would not.

Suggested Citation

  • Daniel L. Thornton, 2009. "Negating the inflation potential of the Fed's lending programs," Economic Synopses, Federal Reserve Bank of St. Louis.
    • Handle: RePEc:fip:fedles:y:2009:n:30
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    File URL: http://research.stlouisfed.org/publications/es/09/ES0930.pdf
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    Cited by:

    1. John B. Taylor, 2010. "Does the Crisis Experience Call for a New Paradigm in Monetary Policy?," CASE Network Studies and Analyses 402, CASE-Center for Social and Economic Research.
    2. John Taylor, 2010. "An Exit Rule for Monetary Policy," Discussion Papers 09-009, Stanford Institute for Economic Policy Research.

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