Federal Reserve Bank

What is the Fed Doing to Stabilize Financial Markets?

By ·March 15, 2020
Williams College

The Issue:

The coronavirus pandemic, together with the related disruptions in oil markets and the policy responses by many different governments to the crisis — including restrictions, closures and quarantines, impacting a wide range of businesses in different sectors — have contributed to asset market volatility

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How Low Can We Go? Prospects for Negative Interest Rates

By ·September 17, 2019
Williams College

The Issue:

There is increasing speculation regarding whether the Federal Reserve might set a negative target for the federal funds rate should the economy enter a recession. If it did, the Fed would not be the first central bank to do so. Although negative policy rates have been rare until recently, the European

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Leaning on The Fed

By ·April 13, 2017
Fletcher School, Tufts University

The Issue:

The Federal Reserve walks a tight balance between maintaining low unemployment and preventing the economy from heating up and unleashing inflation. Its decisions impact groups differently: raising interest rates can be painful for borrowers and businesses seeking to invest and expand; lowering them can ...
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