Discussion — Reading 10: 1952 FOMC Report
This session covers Reading 10: Excerpts from a 1952 report to the FOMC (parts one, two, and three) FOMC Study Questions The document is the previously secret Fed report that Mehrling mentions in Lecture 19. In 1952, the Fed is figuring out how they want to run monetary policy after the Treasury-Fed accord of 1951. …