In 1995 the Fed began announcing its interest rate targets immediately following each meeting of the FOMC.
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In 1995 the Fed began announcing its interest rate targets immediately following each meeting of the FOMC. Prior to that, observers were left to draw inferences about Fed policy based on the results of that policy. What is the value of this greater openness?
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This greater openness about the direction of monetary policy increa...View the full answer
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Related Book For 
Economics A Contemporary Introduction
ISBN: 9781305505469
11th Edition
Authors: William A. McEachern
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