Conduct of Monetary Policy: Hearings Before the Committee on Banking, Finance, and Urban Affairs, House of Representatives, Ninety-fifth Congress, First Session, July 28 and 29, 1977U.S. Government Printing Office, 1977 - 324 lappuses |
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1.–5. rezultāts no 80.
1. lappuse
... percent to 6.5 percent between February and June of this year . This represented a decline from 7.4 percent from June 1976. Longer term Treasury rates also were well below year - ago levels . Third , the Federal Reserve's portfolio ...
... percent to 6.5 percent between February and June of this year . This represented a decline from 7.4 percent from June 1976. Longer term Treasury rates also were well below year - ago levels . Third , the Federal Reserve's portfolio ...
2. lappuse
... percent to 12.2 per- cent and of securities of more than 10 years from 5.7 percent to 7 percent . While the Fed has performed well in the longrun management of the money supply , short run management , and the performance of short ...
... percent to 12.2 per- cent and of securities of more than 10 years from 5.7 percent to 7 percent . While the Fed has performed well in the longrun management of the money supply , short run management , and the performance of short ...
3. lappuse
... percent a year in M1 , and nearly 12 percent in normal GNP . Yet , in terms of a reasonable cost - benefit test , the cost in jobs and output set off against the benefits in reduced inflation , the restrictive- or at best , grudgingly ...
... percent a year in M1 , and nearly 12 percent in normal GNP . Yet , in terms of a reasonable cost - benefit test , the cost in jobs and output set off against the benefits in reduced inflation , the restrictive- or at best , grudgingly ...
4. lappuse
... percent for the past 30 months ; and neither price inflation nor wage inflation has been responsive to this rather grudging monetary policy . In other words , once the excess demand pressures of 1972-73 and the external shocks of 1973 ...
... percent for the past 30 months ; and neither price inflation nor wage inflation has been responsive to this rather grudging monetary policy . In other words , once the excess demand pressures of 1972-73 and the external shocks of 1973 ...
6. lappuse
... percent inflation in the coming year . I don't say that with any satisfaction . All I am saying is that there doesn't seem to be any acceleration of inflation in the works . Second , there is no sign that the economy is about to exceed ...
... percent inflation in the coming year . I don't say that with any satisfaction . All I am saying is that there doesn't seem to be any acceleration of inflation in the works . Second , there is no sign that the economy is about to exceed ...
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1976 revisions aborted annual rate April Arthur Burns audit average benchmarking booklet budget capital spending cent central bank Chairman Burns changes Committee confidence CONGRESS THE LIBRARY consumer price index cost decisions decline deficit demand economist error factors Fed Watchers Fed's M1 Federal funds rate Federal Reserve Bank Federal Reserve Board Federal Reserve System FELLNER fiscal forecast going growth rate increase inflation rate inflationary interest rates January July June labor force LIBRARY OF CONGRESS loans M₁ M1 figures M1 seasonally adjusted ment mirage monetary policy money supply monk months nation nomic originally reported past peak percent period Pleasure Of Statistical President prime rate quarter question range rebate recession recovery rise seasonal adjustment procedure seasonal adjustment snake Sindlinger's Statistical Narcissism sumer target tion trends week ended weekly wrong
Populāri fragmenti
202. lappuse - We used to think that you could just spend your way out of a recession and increase employment by cutting taxes and boosting government spending. I tell you in all candour that that option no longer exists...
151. lappuse - The board of directors of the Corporation shall determine and prescribe the manner in which its obligations shall be incurred and its expenses allowed and paid.
114. lappuse - For a description of the method used to compute these factors, see Bureau of the Census Technical Paper No. 15, The X-ll Variant of the Census Method II Seasonal Adjustment Program.
70. lappuse - Statement by Arthur F. Burns Chairman, Board of Governors of the Federal Reserve System before the Committee on Banking, Finance, and Urban Affairs...
149. lappuse - Federal Reserve as a means of bringing outside influence to bear upon the System's monetary policy judgments. Congress has carefully constructed the Federal Reserve System in such a way as to be free from day.to.day political pressures. As the House Banking Committee stated emphatically in its 1913 report on the original Federal Reserve Act. the Board was created "as a distinctly nonpartisan organization whose functions are to be wholly divorced from politics.
124. lappuse - DC *The views and opinions expressed herein are solely those of the author and do not necessarily represent those of the Federal Reserve Bank of Kansas City or of the Federal Reserve System. I appreciate the opportunity to appear before the Subcommittee on Economic Stabilization of the House (^'Representatives' Committee on Banking, Finance, and Urban Affairs.
202. lappuse - We used to think you could just spend your way out of a recession and increase employment by cutting taxes and boosting Government spending. I tell you, in all candour, that that option no longer exists, and insofar as it ever did exist it only worked by injecting a bigger dose of inflation followed by a higher level of unemployment.
13. lappuse - M2 growth-target range had been set at 10 percent; for the 12-month period extending from the first quarter of 1977 to the first quarter of 1978...
235. lappuse - Concluding Observations The present inflation is the most serious economic problem facing our country, and it poses great difficulties for economic stabilization policies. We must recognize, I believe, that it will take some time for the forces of inflation, which now engulf our economy and others around the world, to burn themselves out.
255. lappuse - for the first time since the Great Depression, the availability of liquidity from the central bank has become ... an essential ingredient in maintaining confidence in the commercial banking system. . . . Faith in our banks . . . now rests unduly on the fact that troubled banks can turn to a governmental lender of last resort.