Are households indifferent to monetary policy announcements?
Bank of International Settlements
Aug 05, 2021
Table of Contents
We study the impact of the Fed's monetary policy announcements on households' expectations by comparing responses to the Survey of Consumer Expectations before and after Federal Open Market Committee (FOMC) meetings, over the period 2013-2019.
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Are households indifferent to monetary policy announcements?
We study the impact of the Fed’s monetary policy announcements on households’ expectations by comparing responses to the Survey of Consumer Expectations before and