Question: Discuss how monetary policies (e.g. simulative or restrictive policy) affect the yield curves. Specifically, how the change in the target Federal Funds rate affects the

  1. Discuss how monetary policies (e.g. simulative or restrictive policy) affect the yield curves. Specifically, how the change in the target Federal Funds rate affects the short-term and thus the yield curve. You can find monetary policies from the Federal Reserve Board of Governors.

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