How did the Fed hit its target for the federal funds rate in the pre-2008 scarce-reserves regime?

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Macroeconomics

ISBN: 9780138102494

9th Edition

Authors: Glenn Hubbard, Anthony Patrick O Brien

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Question Posted: Apr 16, 2024 09:00 AM

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How did the Fed hit its target for the federal funds rate in the pre-2008 scarce-reserves regime?

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The Federal Reserve Fed hit its target for the federal funds rate in the pre2008 scarcereserves regime by using reserve requirements and temporary ope...View the full answer

Macroeconomics

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