Abstract:
Monetary policy, Interest rates, Central bank policy, United States, Monetary transmission mechanism, Econometric models, Unconventional monetary policy, Quantitative easing, Large-scale asset purchases, Long-term interest rates, Signaling effect, Portfolio balance, Tapering, Exit strategy, bond, inflation, bond yields, treasury securities, financial market, treasury bond yields, term bond, long-term bond yields, monetary fund, monetary policies, bond purchases, bonds, financial markets, money market, stock market, treasury bonds, aggregate demand, futures market, discount rate, bond market, financial stability, eurodollar futures options, monetary policy transmission mechanism, monetary pol