Explaining and Forecasting the Us Federal Funds Rate - A Monetary Policy Model for the Us

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.

List of contents

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

About the author

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.

Summary

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.

Product details

• Authors: M Clements, M. Clements
• Publisher: Palgrave UK
• Languages: English
• Product format: Paperback / Softback
• Released: 01.01.2004
• EAN: 9781349516636
• ISBN: 978-1-349-51663-6
• No. of pages: 158
• Series: Finance and Capital Markets Series; Finance and Capital Markets Se; Finance and Capital Markets; Finance and Capital Markets Series
• Subjects: Social sciences, law, business > Political science > Politics and business; B, Economic Policy, Finance, Corporate Finance, macroeconomics, Finance, general, Macroeconomics and Monetary Economics, Macroeconomics/Monetary Economics//Financial Economics, Business Finance, Financial Economics, Monetary Economics, Management science, Palgrave Economics & Finance Collection, Econometrics & economic statistics, Econometrics, Business enterprises—Finance, finance;forecasting;futures;interest;monetary policy