Board of Governors of the Federal Reserve System

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• The Fed - Expectations Formation and the Effectiveness of Strategies for Limiting the Consequences of the Zero Bound on Interest Rates

  Rates David L. Reifschneider and John M. Roberts Abstract: We use simulations...rates. Among the proposals are: a more aggressive monetary policy; promises

  URL: https://www.federalreserve.gov/econres/feds/expectations-formation-and-the-effectiveness-of-strategies-for-limiting-the-consequences-of-the-zero-bound-on-interest-rate.htm
  



• Proposed Payment Account Standard Terms

  Funds Service, the FedNow® Service, National Settlement Service, and the

  URL: https://www.federalreserve.gov/newsevents/pressreleases/files/other20260520a2.pdf
  



• The Fed - An Accounting Framework and Some Issues for Modelling How Exchange Rates Respond to the News

  Rates Respond to the News Peter Isard PDF: Full Paper Disclaimer: The

  URL: https://www.federalreserve.gov/econres/ifdp/an-accounting-framework-and-some-issues-for-modelling-how-exchange-rates-respond-to-the-news.htm
  



• The Fed - An Analysis of the Welfare Implications of Alternative Exchange Rate Regimes: An Intertemporal Model with an Application

  rates, deflated by the rate of devaluation of the domestic currency. The...rates are superior to fixed rates in this Australian case. PDF: Full Paper

  URL: https://www.federalreserve.gov/econres/ifdp/an-analysis-of-the-welfare-implications-of-alternative-exchange-rate-regimes-an-intertemporal-model-with-an-application.htm
  



• The Fed - Exchange Rate Dynamics with Sluggish Prices Under Alternative Price Adjustment Rules

  Rate Dynamics with Sluggish Prices Under Alternative Price Adjustment

  URL: https://www.federalreserve.gov/econres/ifdp/exchange-rate-dynamics-with-sluggish-prices-under-alternative-price-adjustment-rules.htm
  



• The Fed - Simultaneous Determination of the U.S. Balance of Payments and Exchange Rates - An Exploratory Report

  Rates - An Exploratory Report Richard Berner, Peter Clark, Howard Howe

  URL: https://www.federalreserve.gov/econres/ifdp/simultaneous-determination-of-the-us-balance-of-payments-and-exchange-rates-an-exploratory-report.htm
  



• The Fed - The Term Structure of Interest Rates in the Onshore Markets of the United States, Germany, and Japan

  Rates in the Onshore Markets of the United States, Germany, and Japan

  URL: https://www.federalreserve.gov/econres/ifdp/the-term-structure-of-interest-rates-in-the-onshore-markets-of-the-united-states-germany-and-japan.htm
  



• The Fed - EMS Interest Rate Differentials and Fiscal Policy: A Model with An Empirical Application to Italy

  Rate Differentials and Fiscal Policy: A Model with An Empirical Application...rate differentials are influenced by fiscal policy. For countries like

  URL: https://www.federalreserve.gov/econres/ifdp/ems-interest-rate-differentials-and-fiscal-policy-a-model-with-an-empirical-application-to-italy.htm
  



• The Fed - European Integration, Exchange Rate Management, and Monetary Reform: A Review of the Major Issues

  Rate Management, and Monetary Reform: A Review of the Major Issues Garry...rate mechanism. Some have stressed that the current system is inherently

  URL: https://www.federalreserve.gov/econres/ifdp/european-integration-exchange-rate-management-and-monetary-reform-a-review-of-the-major-issues.htm
  



• The Fed - Exchange-Rate Based Inflation Stabilization: The Initial Real Effects of Credible Plans

  Exchange-Rate Based Inflation Stabilization: The Initial Real Effects ...rate of return on investment in domestic capital and the rate of return

  URL: https://www.federalreserve.gov/econres/ifdp/exchange-rate-based-inflation-stabilization-the-initial-real-effects-of-credible-plans.htm
  

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