On April 18, 1994 the federal funds target was increased outside a regularly scheduled meeting.
Exchange Rates and FOMC Days
Version of Record online: 25 JUL 2007
Journal of Money, Credit and Banking
Volume 39, Issue 5, pages 1245–1266, August 2007
How to Cite
AHN, S. C. and MELVIN, M. (2007), Exchange Rates and FOMC Days. Journal of Money, Credit and Banking, 39: 1245–1266. doi: 10.1111/j.1538-4616.2007.00064.x
Helpful comments were received from the editor (Paul Evans), two anonymous referees, and seminar participants at the Econometric Society winter meetings, Deutsche Bundesbank, Bank for International Settlements, University of Frankfurt, University of Freiburg, University of Miami, U.C. Santa Cruz, U.C. San Diego, and University of Warwick. Patricia Ramirez contributed to the early stages of this paper. Able research assistance was provided by Eugenio Dante Suarez. This paper was started while the second author was visiting UCSD. He thanks the faculty and staff for providing a productive environment for work and discussion of related issues.
- Issue online: 25 JUL 2007
- Version of Record online: 25 JUL 2007
- Received July 15, 2002; and accepted in revised form March 23, 2006.
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