Journalartikel

Jahr der Veröffentlichung: 2020

Seiten: 403-408

Zeitschrift: Contemporary Economic Policy

Bandnummer: 38

Heftnummer: 3

Open Access Status: Hybrid

DOI Link: https://doi.org/10.1111/coep.12465

Verlag: Wiley

Abstract: 

After appointing Federal Reserve Chairman Powell, President Trump put pressure on the Fed to cut interest rates. We show that, on average, a statement from Trump on the Fed led to lower long-term interest rates, consistent with expectations of lower expected future short rates. However, the impact of Trump's statements declined over time.

Harvard-Zitierstil: Tillmann, P. (2020) Trump, Twitter, and treasuries, Contemporary Economic Policy, 38(3), pp. 403-408. https://doi.org/10.1111/coep.12465

APA-Zitierstil: Tillmann, P. (2020). Trump, Twitter, and treasuries. Contemporary Economic Policy. 38(3), 403-408. https://doi.org/10.1111/coep.12465