Explaining and forecasting the US federal funds rate : a monetary policy model for the US

著者

    • Clements, Matthew

書誌事項

Explaining and forecasting the US federal funds rate : a monetary policy model for the US

Matthew Clements

(Finance and capital markets)

Palgrave Macmillan, 2004

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注記

Includes bibliographical references (p. 135-137) and index

内容説明・目次

内容説明

This book has been written as a practical guide for finance markets professionals to explain US monetary policy and to make forecasts of future interest rate levels. Aimed at market players, familiar with US policy instruments, Explaining and Forecasting the US Federal Funds Rates will provide a means of making independent interest rate forecasts as well as explaining current rate levels.

目次

Introduction Monetary Policy Models The History of Fed Policy Procedures, Targets and Instruments Since 1970 The Monetary Policy Model (MPM) Making Interest Rate Forecasts Using the MPM Comparing MPM Results with the Eurodollar Futures Market Comparing the Two-Year Average Forecasting Errors of the MPM and Eurodollar Futures

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