The Fed: The Inside Story of How the World's Most Powerful Financial Institution Drives the Markets by Martin Mayer

The Fed: The Inside Story of How the World's Most Powerful Financial Institution Drives the Markets

Martin Mayer

350 pages first pub 2001 (editions)

nonfiction economics politics challenging informative medium-paced

Description

The Fed has entered a new era, and hardly anyone understands the rules of its game. Where once it could control the economy by controlling what the banks did, it now must push directly on the markets. But how? Why do interest-rate changes sometime...

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