11.3 C
Toronto
Sun | Apr 28-2024 | 6:55 am EDT
Home Tags Yang Zichao

Tag: Yang Zichao

Measuring Federal Reserve officials’ secret disagreement behind locked doors of FOMC meetings

Dissent votes in Federal Reserve policy meetings are rare, accounting for only 6.37% of the votes between 1976 and 2017. However, opting not to vote against the FOMC consensus doesn't necessarily mean committee members don't "disagree" with it.

Economy