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- W2280455764 abstract "This paper contributes to the ongoing debate about the existence and the source of asymmetric information between the Federal Reserve and the public by examining the federal funds rate forecasts. It shows that the Federal Reserve has superior information about its own future policy actions, the future federal funds rate. It compares the Federal Reserve forecasts with the predictions of alternative forecasting models and forecasts from the futures market for federal funds. It also displays that the source of the private information of the Federal Reserve about inflation is its superior knowledge about its own policy actions." @default.
- W2280455764 created "2016-06-24" @default.
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- W2280455764 date "2011-01-01" @default.
- W2280455764 modified "2023-09-25" @default.
- W2280455764 title "Know Thyself: Federal Reserve Information About its Own Future Actions" @default.
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- W2280455764 doi "https://doi.org/10.2139/ssrn.1761028" @default.
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