How Long to Read Managing the Fed's Liftoff and Transmission of Monetary Policy

How Long Does it Take to Read Managing the Fed's Liftoff and Transmission of Monetary Policy?

It takes the average reader and 20 minutes to read Managing the Fed's Liftoff and Transmission of Monetary Policy by Mr. Manmohan Singh

Assuming a reading speed of 250 words per minute. Learn more

Description

In recent years, many money and repo rates in the United States have been between zero and 25 basis points. As Fed's liftoff approaches, the question of the level of these rates (and the markets that determine them) becomes increasingly important. The paper discusses (i) whether the Fed can control short-term rates as it starts to tighten; and (ii) what are the advantages and disadvantages of using asset sales versus a large reverse repo program (RRP). A large RRP by the Fed will deprive the financial system of the money pool (i.e., GSEs and money market funds) as the Fed will directly absorb the money on to its balance sheet. This will rust the financial plumbing that connects the money pool to collateral suppliers. Some asset sales may be preferred to a large RRP as this will result in a market-determined repo rate and will allow the Fed to reach its monetary policy liftoff objectives with minimal footprint on market plumbing. We also discuss cost of issuing short tenor T-bills relative to a large RRP in a rising rate environment.

How long is Managing the Fed's Liftoff and Transmission of Monetary Policy?

Managing the Fed's Liftoff and Transmission of Monetary Policy by Mr. Manmohan Singh is 20 pages long, and a total of 5,000 words.

This makes it 7% the length of the average book. It also has 6% more words than the average book.

How Long Does it Take to Read Managing the Fed's Liftoff and Transmission of Monetary Policy Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 27 minutes to read Managing the Fed's Liftoff and Transmission of Monetary Policy aloud.

What Reading Level is Managing the Fed's Liftoff and Transmission of Monetary Policy?

Managing the Fed's Liftoff and Transmission of Monetary Policy is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Managing the Fed's Liftoff and Transmission of Monetary Policy?

Managing the Fed's Liftoff and Transmission of Monetary Policy by Mr. Manmohan Singh is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

To buy Managing the Fed's Liftoff and Transmission of Monetary Policy by Mr. Manmohan Singh on Amazon click the button below.