Explaining and Forecasting the US Federal Funds Rate
A Monetary Policy Model for the US
Published on 1. January 2004
Book
Paperback/Softback
XIII, 145 pages
978-1-349-51663-6 (ISBN)
Description
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.
More details
Series
Edition
1st ed. 2004
Language
English
Place of publication
London
United Kingdom
Target group
Professional and scholarly
Product notice
Paperback (trade)
Unsewn / adhesive bound
Illustrations
XIII, 145 p.
Dimensions
Height: 216 mm
Width: 140 mm
Thickness: 9 mm
Weight
209 gr
ISBN-13
978-1-349-51663-6 (9781349516636)
DOI
10.1057/9780230509030
Schweitzer Classification
Other editions
Additional editions
Book
12/2003
Palgrave Macmillan
€213.99
Shipment within 10-20 days
Person
MATTHEW CLEMENTS is a freelance economist and is author of many articles on market commentaries on economics in the financial press. He was previously employed as an economist by Prebon Yamane in London.
Content
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