Question: Please help with an explanation 3. What tool did the Federal Reserve use to target the Federal Funds rate? In normal times, What was the

Please help with an explanation

Please help with an explanation 3. What tool did the Federal Reserve

3. What tool did the Federal Reserve use to target the Federal Funds rate? In normal times, What was the primary asset used by the Federal Reserve in monetary policy? If the Federal Reserve wants to tighten monetary policy and lower the money supply, does it buy or sell this asset? What tools do the Federal Reserve use to target the Federal Funds rate today

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