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FOMC in 1998: Can It Get Any Better Than This?

Resource Type
Dataset : survey data
  • Wheelock, David C. (Federal Reserve Bank of St. Louis)
Other Title
  • Archival Version (Subtitle)
Publication Date
Free Keywords
Federal Open Market Committee; labor markets; monetary policy; national debt; national economy
  • Abstract

    This article explores how the Federal Open Market Committee (FOMC) largely contributed to the solid performance of the United States economy in 1998. The author discusses how the FOMC focused on domestic spending growth, tight labor markets, and increasing money stock growth to create a monetary policy that prevented increase in domestic demand. Further, the data illustrate how the committee also eased policy to accommodate the increasing demand for liquidity caused by Russia's default on its domestic debt and economic weaknesses in Asia and Latin America.
  • Table of Contents


    • DS1: Dataset
Temporal Coverage
  • Time period: 1998
Geographic Coverage
  • United States
Collection Mode
  • The data file is called 9907DWD.XLS.

    These data are part of ICPSR's Publication-Related Archive and are distributed exactly as they arrived from the data depositor. ICPSR has not checked or processed this material. Users should consult the investigator(s) if further information is desired.

This version of the study is no longer available on the web. If you need to acquire this version of the data, you have to contact ICPSR User Support (
Alternative Identifiers
  • 1210 (Type: ICPSR Study Number)
  • Is previous version of
    DOI: 10.3886/ICPSR01210.v1
  • Wheelock, David C.. The FOMC in 1998: Can it get any better than this?. Federal Reserve Bank of St. Louis Review.81, (4), 11-22.1999.

Update Metadata: 2015-08-05 | Issue Number: 6 | Registration Date: 2015-06-15

Wheelock, David C. (2000): FOMC in 1998: Can It Get Any Better Than This?. Archival Version. Version: v0. ICPSR - Interuniversity Consortium for Political and Social Research. Dataset.