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Monetary policy surprises and interest rates: Evidence from the Fed funds futures market

✍ Scribed by Kenneth N Kuttner


Book ID
118578982
Publisher
Elsevier Science
Year
2001
Tongue
English
Weight
186 KB
Volume
47
Category
Article
ISSN
0304-3932

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Credit Spread Changes and Monetary Polic
✍ XIAONENG ZHU* πŸ“‚ Article πŸ“… 2012 πŸ› John Wiley and Sons 🌐 English βš– 658 KB

This study analyzes the impact of monetary policy actions on credit spreads of various rating categories and maturities, using federal funds futures to distinguish between anticipated and unanticipated changes in the federal funds rate. Two proxies for monetary policy shocks are the surprise change