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Month: October 2021

When the Fed raises interest rates

When the Fed raises interest rates

“Fed raises interest rates” after meeting and agreeing If anyone hasn’t read it yet, You can go back and read it at What happened?     Normally, central banks, regardless of country, have two    main     functions:  “supporting economic growth” and “controlling price stability”, with “policy interest rates” being one of the tools used to control economic conditions. For the basic mechanism for using policy interest rates to control In the case of anoverheat economy, inflation has soared. Central banks need to…

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