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Federal Reserve Money‐Supply Announcements and the Behaviour of UK Interest Rates

D.A. Peel (University College, Aberystwyth, Wales)
P.F. Pope (University of Strathclyde)

Journal of Economic Studies

ISSN: 0144-3585

Article publication date: 1 March 1985

116

Abstract

The purpose of this note is to examine the impact of US money‐supply announcements on United Kingdom interest rates using weekly data over the period 1977 to 1982. We find some evidence for the proposition that surprise increases in the US money supply increased UK interest rates over our sample period.

Citation

Peel, D.A. and Pope, P.F. (1985), "Federal Reserve Money‐Supply Announcements and the Behaviour of UK Interest Rates", Journal of Economic Studies, Vol. 12 No. 3, pp. 54-60. https://doi.org/10.1108/eb002600

Publisher

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MCB UP Ltd

Copyright © 1985, MCB UP Limited

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