Has Durable Goods Spending Become Less Sensitive to Interest Rates?

December 14th, 2013
in econ_news, syndication

by Willem Van Zandweghe and John Carter Braxton - FEDERAL RESERVE BANK OF KANSAS CITY

Despite an unprecedented degree of monetary policy accommodation, including record-low interest rates, the pace of the current economic recovery has been only moderate. This moderate pace was unexpected by many forecasters and prompted extensive research into the roles of credit frictions, uncertainty, and other factors. One way these factors may have weakened the recovery is by reducing the stimulative effect that a decline in interest rates usually has on spending by consumers and businesses.

Follow up:

[full page view by hitting the lower right hand corner icon]

Has Durable Goods Spending Become Less Sensitive to Interest Rates?

To print Scribd document:

  1. Click "Download."
  2. Open with "Adobe Reader".
  3. Select "Print".

source: http://www.kansascityfed.org/publicat/econrev/pdf/13q4VanZandweghe-Braxton.pdf















Make a Comment

Econintersect wants your comments, data and opinion on the articles posted. You can also comment using Facebook directly using he comment block below.












 navigate econintersect.com

Blogs

Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day
Weather

Newspapers

Asia / Pacific
Europe
Middle East / Africa
Americas
USA Government
     

RSS Feeds / Social Media

Combined Econintersect Feed
Google+
Facebook
Twitter
Digg

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution

Contact

About

  Top Economics Site

Investing.com Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2017 Econintersect LLC - all rights reserved