Unconventional monetary policy and the (Neo)Fisher effect: has the federal reserve misunderstood monetary policy?

The failure of the Federal Reserve Bank to control inflation within its target range has raised concerns about potential misunderstandings in US monetary policy dynamics. The debate revolves around the Fisher effect, a traditional theory, and the NeoFisher effect, a recently proposed alternative the...

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Bibliographic Details
Main Author: Andrew Phiri
Format: Article
Language:English
Published: Taylor & Francis Group 2025-12-01
Series:Cogent Economics & Finance
Subjects:
Online Access:https://www.tandfonline.com/doi/10.1080/23322039.2025.2460070