Federal Funds Futures as an Indicator of Future Monetary Policy: A Primer
分析了联邦基金期货市场如何有效处理关于未来联邦基金利率路径的信息,并讨论了这对中央银行政策制定的启示。
An analysis of how federal funds futures markets are efficient processors of information concerning the future path of the fed funds rate and a discussion of some related implications for central-bank policymaking.