Describes the three year experiment Volcker monetary policy. The Federal Reserve has changed the focus of the operating procedure of the tool in the reserve interest rate instrument and it reaffirmed its commitment to the beat of its pre-announced target of monetary growth. At the same time, Congress initiated the spread of deregulation of financial institutions. Case encourages discussion on the best strategies and the implementation of monetary policy, the impact of deregulation on his behavior, the causes of recession and inflation, and the competitive impact of recent changes in the monetary policy of competitive institutions. "Hide
by Michael G. Rukstad Source: Harvard Business School 30 pages. Publication Date: August 27, 1985. Prod. #: 386055-PDF-ENG
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