ME  Vol.6 No.12 , December 2015
A Note on Federal Reserve Policy Incongruencies
Abstract: The incongruencies of Federal Reserve (Fed) policy is demonstrated where the Fed proposes to raise interest rates on excess reserves claiming that generally rising rates that follow will help households increase interest income. The resulting slowing of the economy, however, will cause slowing employment and income gains which are likely to more than offset any rising interest income.
Cite this paper: Carlson, W. and Lackman, C. (2015) A Note on Federal Reserve Policy Incongruencies. Modern Economy, 6, 1235-1239. doi: 10.4236/me.2015.612116.



[3]   Board of Governors of the Federal Reserve System (2013) Aggregate Reserves of Depository Institutions and the Monetary Base, 2013.