Question
a. Among FOMC participants in September 2018, the median projection for the fed funds rate at the end of 2019 2020? 2021 is 2019 2020
a. Among FOMC participants in September 2018, the median projection for the fed funds rate at the end of 2019 2020? 2021 is
| 2019 | 2020 | 2021 |
| 3.1 | 3.4 | 3.4 |
b. Among FOMC participants in March 2019 the median projection for the fed funds rate at the end of 2019 2020? 2021 is
| 2019 | 2020 | 2021 |
| 2.4 | 2.6 | 2.6 |
Explain whether the change from (a) to (b) should be viewed as a change in the autonomous component of monetary policy or a movement along the MP curve. (Hint: what other data do you need in order to make this assessment? )
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Hostile Money Currencies In Conflict
Authors: Paul Wilson
1st Edition
075099178X, 9780750991780
