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Trump Pressuring the Fed
After appointing Federal Reserve Chairman Powell, President Trump steadily put pressure on the Fed to cut interest rates. We show that, on average, a statement from Trump led to lower long-term interest rates, consistent with expectations of lower expected future short rates. However, the impact...
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| Publicado no: | MAGKS - Joint Discussion Paper Series in Economics (Band 20-2019) |
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| Autor principal: | |
| Formato: | Artigo |
| Idioma: | inglês |
| Publicado em: |
Philipps-Universität Marburg
2019
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| Assuntos: | |
| Acesso em linha: | Texto Completo em Formato PDF |
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MAGKS - Joint Discussion Paper Series in Economics