Monetary Policy of the Federal Reserve System from the Perspective of Exit Strategies
Central banks, after the experience of the global financial crisis, are now starting the implementation of the exit strategies, which are the process of normalization of monetary policy. The pace of monetary policy normalization process depends on the market reaction to central bank's decisions...
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Format: | Article |
Language: | English |
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Sciendo
2015-07-01
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Series: | Journal of Economics and Management |
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Online Access: | https://www.ue.katowice.pl/fileadmin/user_upload/wydawnictwo/JEM_Artyku%C5%82y_1_30/JEM_21/11.pdf |
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author | Aleksandra Nocoń |
author_facet | Aleksandra Nocoń |
author_sort | Aleksandra Nocoń |
collection | DOAJ |
description | Central banks, after the experience of the global financial crisis, are now starting the implementation of the exit strategies, which are the process of normalization of monetary policy. The pace of monetary policy normalization process depends on the market reaction to central bank's decisions and macroeconomic conditions, in which they will be implemented. The main aim of the study is to present the principles of the exit strategy of the Federal Reserve System (Fed), on the background of the changes that have occurred in the United States within the monetary policy during the global financial crisis. |
first_indexed | 2024-12-14T06:41:49Z |
format | Article |
id | doaj.art-80d0134d3a6e4d4bac116b6d2ae1634b |
institution | Directory Open Access Journal |
issn | 1732-1948 |
language | English |
last_indexed | 2024-12-14T06:41:49Z |
publishDate | 2015-07-01 |
publisher | Sciendo |
record_format | Article |
series | Journal of Economics and Management |
spelling | doaj.art-80d0134d3a6e4d4bac116b6d2ae1634b2022-12-21T23:13:11ZengSciendoJournal of Economics and Management1732-19482015-07-0121163172Monetary Policy of the Federal Reserve System from the Perspective of Exit StrategiesAleksandra Nocoń0University of Economics in Katowice, PolandCentral banks, after the experience of the global financial crisis, are now starting the implementation of the exit strategies, which are the process of normalization of monetary policy. The pace of monetary policy normalization process depends on the market reaction to central bank's decisions and macroeconomic conditions, in which they will be implemented. The main aim of the study is to present the principles of the exit strategy of the Federal Reserve System (Fed), on the background of the changes that have occurred in the United States within the monetary policy during the global financial crisis.https://www.ue.katowice.pl/fileadmin/user_upload/wydawnictwo/JEM_Artyku%C5%82y_1_30/JEM_21/11.pdfCentral banksBank reservesMonetary policyFinancial crisis |
spellingShingle | Aleksandra Nocoń Monetary Policy of the Federal Reserve System from the Perspective of Exit Strategies Journal of Economics and Management Central banks Bank reserves Monetary policy Financial crisis |
title | Monetary Policy of the Federal Reserve System from the Perspective of Exit Strategies |
title_full | Monetary Policy of the Federal Reserve System from the Perspective of Exit Strategies |
title_fullStr | Monetary Policy of the Federal Reserve System from the Perspective of Exit Strategies |
title_full_unstemmed | Monetary Policy of the Federal Reserve System from the Perspective of Exit Strategies |
title_short | Monetary Policy of the Federal Reserve System from the Perspective of Exit Strategies |
title_sort | monetary policy of the federal reserve system from the perspective of exit strategies |
topic | Central banks Bank reserves Monetary policy Financial crisis |
url | https://www.ue.katowice.pl/fileadmin/user_upload/wydawnictwo/JEM_Artyku%C5%82y_1_30/JEM_21/11.pdf |
work_keys_str_mv | AT aleksandranocon monetarypolicyofthefederalreservesystemfromtheperspectiveofexitstrategies |