Question: 3. Can the FED had an effect on long term interest rates as well as the fed funds rate? Examine recent news when the FED

 3. Can the FED had an effect on long term interest

3. Can the FED had an effect on long term interest rates as well as the fed funds rate? Examine recent news when the FED announced changes in the fed funds rate target What If anything happened to long term interest rates Explain any changes 4. Why does the stock market often respond after a FOMC meeting even when there are no announced changes in the target Fed funds rate? Do the bonds market respond 1:07? Would you expect them to respond similarly? Why or why not

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