board of government
board of government
Through open market sales or bonds.
If the Fed wants to raise the federal funds interest rate, it will sell securities to remove reserves from the banking system.
Federal Reserve
board of government
board of government
no the board of governors
Through open market sales or bonds.
If the Fed wants to raise the federal funds interest rate, it will sell securities to remove reserves from the banking system.
Federal Reserve
Federal Reserve
The Federal Reserve might raise interest rates.
MONETARY POLICY
monetary policy
MONETARY POLICY
From 1923 to about 1928, the feds had kept the rates artificially low, but this increased the chance of runaway inflation, so it had no choice but to raise it again.