Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/230024
Authors: 
Tillmann, Peter
Year of Publication: 
2020
Citation: 
[Journal:] Contemporary Economic Policy [ISSN:] 1465-7287 [Volume:] 38 [Issue:] 3 [Pages:] 403-408
Abstract: 
After appointing Federal Reserve Chairman Powell, President Trump put pressure on the Fed to cut interest rates. We show that, on average, a statement from Trump on the Fed led to lower long‐term interest rates, consistent with expectations of lower expected future short rates. However, the impact of Trump's statements declined over time. (JEL E52, E43, E32)
Persistent Identifier of the first edition: 
Creative Commons License: 
http://creativecommons.org/licenses/by-nc-nd/4.0/
Document Type: 
Article
Document Version: 
Published Version

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