Why has the Federal Reserve chosen to focus on the federal funds rate rather than some interest

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Why has the Federal Reserve chosen to focus on the federal funds rate rather than some interest rate as a tool of monetary policy?

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Economics A Contemporary Introduction

ISBN: 9781305505469

11th Edition

Authors: William A. McEachern

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Question Posted: Oct 07, 2023 11:59 PM

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Why has the Federal Reserve chosen to focus on the federal funds rate rather than some interest

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As you know the federal funds rate is the interest rate banks charge ...View the full answer

Economics A Contemporary Introduction

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