U.S. Economy
Who has to leave the Federal Reserve next?
Research
BPEA | 1970 No. 3Whither Money Demand?
1970, No. 3
IN AN ARTICLE IN THE previous issue of Brookings Papers on Economic Activity, I argued that uncertainty about the relationship of money demand to income is one of the key issues in assessing current monetary policy. The purpose of this report is to discuss this relationship in greater detail.
Federal Fiscal Policy
Federal Reserve: Conflicts between monetary policy and bank regulation in tackling inflation
U.S. Economy
The pandemic inflation episode is still unwinding