IDEAS home Printed from https://ideas.repec.org/a/ces/ifosdt/v63y2010i01p36-43.html
   My bibliography  Save this article

US monetary policy - experiment with uncertain outcome

Author

Listed:
  • Michael Kleemann

Abstract

Since becoming Fed chairman in February 2006, Ben Bernanke has turned American monetary policy upside down. While only a few years ago the public focused only on the Fed's next interest-rate decision, today the development of the Fed's balance sheet is the point of discussion. At the heart of this debate is the fear that the extensive support programmes of the Fed will not only stabilise the US economy but could also heat up inflation. This contribution examines Bernanke's monetary policy, describes the measures of the Fed and discusses the risks for prices and for the independence of the US central bank.

Suggested Citation

  • Michael Kleemann, 2010. "US monetary policy - experiment with uncertain outcome," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 63(01), pages 36-43, January.
    • Handle: RePEc:ces:ifosdt:v:63:y:2010:i:01:p:36-43
    as

    Download full text from publisher

    File URL: https://www.ifo.de/DocDL/ifosd_2010_1_5.pdf
    Download Restriction: no
    ---><---

    More about this item

    JEL classification:

    • E50 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ces:ifosdt:v:63:y:2010:i:01:p:36-43. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Klaus Wohlrabe (email available below). General contact details of provider: https://edirc.repec.org/data/ifooode.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.