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Paperback 2013: Federal Reserve's Balance Sheet and Earnings - A Primer and Projections Book

ISBN: 1499524072

ISBN13: 9781499524079

2013: Federal Reserve's Balance Sheet and Earnings - A Primer and Projections

Over the past few years, the Federal Reserve's use of unconventional monetary policy tools has led it to hold a large portfolio of securities. The asset purchases are intended to put downward pressure on longer-term interest rates, but also affect the Federal Reserve's balance sheet and income. We begin with a primer on the Federal Reserve's balance sheet and income statement. Then, we present a framework for projecting Federal Reserve assets and...

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Format: Paperback

Condition: New

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