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Business, 13.08.2019 03:30 shelbyetheridge1011s

Explain how the federal reserve would implement a rise in the target range for the federal funds rate? the federal reserve would the interest rate on excess reserves (ioer), an interest rate that it controls directly. this the minimum rate at which banks would be willing to lend because they can earn the ioer rate risk-free by depositing these funds with the fed.

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