Wednesday - October 23, 2024
Federal Reserve Bank of St. Louis: 'What the Transcripts Reveal About the FOMC's Pre-Emptive Easing in July 1995'
October 21, 2024
ST. LOUIS, Missouri, Oct. 21 (TNSres) -- The Federal Reserve Bank of St. Louis issued the following white paper (No. 2024-029A) in October 2024 by Kevin L. Kliesen entitled "What the Transcripts Reveal About the FOMC's Pre-Emptive Easing in July 1995."

Here are excerpts:

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At their September 2024 meeting, the FOMC began reducing the federal funds target rate and indicating the likelihood of additional reductions by the end of the year and into . . .

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