Term-structure Spreads, the Money Supply Mechanism, and Indicators of Monetary Policy

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The Federal Reserve System Purposes and Functions

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Provides an in-depth overview of the Federal Reserve System, including information about monetary policy and the economy, the Federal Reserve in the internation

Monetary Policy Implementation: Operational Issues for Countries with Evolving Monetary Policy Frameworks

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This paper discusses operational issues for countries that want to reform their monetary policy frameworks. It argues that stabilizing short-term interest rates

Inflation Expectations

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Inflation is regarded by the many as a menace that damages business and can only make life worse for households. Keeping it low depends critically on ensuring t

Leverage and Financing of Non-financial Companies

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