Question: The following question is based on the article: How the Fed controls Interest Rates by James Hamilton, Mar 27 2017. The way the FED controls

The following question is based on the article: "How the Fed controls Interest Rates" by James Hamilton, Mar 27 2017.

The way the FED controls interest rates today is completely different from the way things worked over 10 or so years ago. Explain thoroughly.

Link to article: https://econbrowser.com/archives/2017/03/how-the-federal-reserve-controls-interest-rates

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