Between january and december 1994 us unemployment fell from, Ask an Expert

Economics

Between January and December 1994, U.S. unemployment fell from 6.7 percent to 5.4 percent of the labor force. The Federal Reserve, the nation's monetary-policymaking authority, took active measures beginning in February 1994 to raise short-term interest rates. What might have motivated policymakers to raise the Fed Funds rate and what were they hoping to accomplish?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91424370

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