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Impact of Macroeconomic Surprises Changed After Zero Lower Bound

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  • Christoffer Koch
  • Julieta Yung

Abstract

Macroeconomic surprises involving employment and inflation?reflecting the Fed?s attempts to achieve its dual mandate to promote full employment and price stability?increased in importance during the zero-lower-bound period. Also, market participants were more attentive to housing market indicators and final GDP revisions.

Suggested Citation

  • Christoffer Koch & Julieta Yung, 2017. "Impact of Macroeconomic Surprises Changed After Zero Lower Bound," Economic Letter, Federal Reserve Bank of Dallas, vol. 12(8), pages 1-4, July.
    • Handle: RePEc:fip:feddel:00048
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    Cited by:

    1. repec:spt:apfiba:v::y:2018:i::f:8_2_5 is not listed on IDEAS
    2. Ioannis N. Kallianiotis, 2018. "Exchange Rate Expectations," Journal of Applied Finance & Banking, SCIENPRESS Ltd, vol. 8(2), pages 1-5.

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