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Federal Reserve Bank of Richmond: 'What is the Impact of a Major Unconventional Monetary Policy Intervention?'
September 29, 2025
RICHMOND, Virginia, Sept. 29 (TNSLrpt) -- The Federal Reserve Bank of Richmond issued the following white paper (No. 25-07) in September 2025 by Carlo Alcaraz, Stijn Claessens, Gabriel Cuadra, David Marques-Ibanez and Horacio Sapriza entitled "What is the Impact of a Major Unconventional Monetary Policy Intervention?"

Here are excerpts:

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How does the credible announcement of an unconventional monetary policy intervention affect bank lending s . . .

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