TY - BOOK AU - Cömert,Hasan TI - Central banks and financial markets: the declining power of US monetary policy SN - 9781781004043 AV - MLCM 2015/42241 (H) U1 - 332.4973 PY - 2013/// CY - Cheltenham : PB - Edward Elgar KW - Monetary policy KW - Monetary policy -- History -- 20th century; KW - Banks and banking, Central KW - Global Financial Crisis, 2008-2009 KW - Devaluation of currency KW - International economic relations KW - International finance KW - United States N1 - Includes bibliographical references (pages 186-199) and index N2 - This book shows that the federal reserve has, in the last four decades, gradually lost influence over credit and financial markets. The author shows how dramatic shifts in the financial system undermined the ability of the US federal reserve to control price and the quality of credit ER -