21st Century Monetary Policy: The Federal Reserve from the Great Inflation to Covid-19 Bernanke Ben S.
21st Century Monetary Policy: The Federal Reserve from the Great Inflation to Covid-19 Bernanke Ben S. In response to the economic impact of the COVID-19 pandemic, the U.S. Programs like large-scale…
Specifikacia 21st Century Monetary Policy: The Federal Reserve from the Great Inflation to Covid-19 Bernanke Ben S.
21st Century Monetary Policy: The Federal Reserve from the Great Inflation to Covid-19 Bernanke Ben S.
In response to the economic impact of the COVID-19 pandemic, the U.S. Programs like large-scale securities purchases and a new policy framework remain a source of confusion for investors, journalists, and ordinary citizens alike.Twenty-First Century Monetary Policy demystifies these opaque techniques to reveal how economic ideas, historical events, and political forces have transformed the Fed's policies over several decades. Federal Reserve and central banks worldwide have deployed tools that past policymakers and economists might have considered radical.
Bernanke masterfully examines how the Fed's policies--and the institution itself--may change as it grapples with persistently low interest rates, systemic financial risk, rapid technological change, and polarized politics. With From the stagflation of the 1970s to the Great Recession and the recent pandemic, Ben S.