Why Money Announcements Move Interest Rates: An Answer from the Foreign Exchange Market
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On a Friday that the Fed announces a money supply greater than had been anticipated, interest rates move up in response. Why? One explanation is that the market perceives the fluctuation in the moneystock as an unintended deviation from the Fed's target growth rate that will be reversed in
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美国国家经济研究局创建时间：
1982-12-01
