How the Fed Works: Implementing Monetary Policy
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James Joyner | Tuesday, April 5, 2005 |
Brad DeLong posts, in its entirety, a speech by Ben S. Bernanke explaining precisely how the Federal Reserve Board actually implements its policies. It’s an interesting read and as non-technical as something this abstruse is likely to get.
via Megan McArdle
About the Author: James Joyner is the publisher of Outside the Beltway and the managing editor of the Atlantic Council. He's a former Army officer, Desert Storm vet, and college professor with a PhD in political science from The University of Alabama. He lives just outside the Beltway in Alexandria, Virginia with his wife and infant daughter.
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