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What monetary policy can and cannot do

Author

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  • Anthony M. Santomero

Abstract

President Santomero reviews both the areas of agreement and those open to debate and offers his perspective on them. He concludes with some thoughts about the implications for the conduct of monetary policy.

Suggested Citation

  • Anthony M. Santomero, 2002. "What monetary policy can and cannot do," Business Review, Federal Reserve Bank of Philadelphia, issue Q 1, pages 1-4.
    • Handle: RePEc:fip:fedpbr:y:2002:i:q1:p:1-4
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    File URL: https://www.philadelphiafed.org/-/media/frbp/assets/economy/articles/business-review/2002/q1/brq102as.pdf
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    Cited by:

    1. Edda Claus, Mardi Dungey, 2015. "Can monetary policy surprise the market?," LCERPA Working Papers 0083, Laurier Centre for Economic Research and Policy Analysis, revised 01 Jan 2015.
    2. Claus, Edda & Dungey, Mardi, 2016. "Can monetary policy surprises affect the term structure?," Journal of Macroeconomics, Elsevier, vol. 47(PA), pages 68-83.

    More about this item

    Keywords

    Monetary policy;

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