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In response to the financial crisis of 2007, the Federal Reserve has maintained near-zero interest rates for the past several years. The Fed has kept rates low due to slow economic and employment growth during the past few years. Suppose the Fed raised interest rates by about 1.5 to 2 percentage points --- do you think this small increase in interest rates would have any real impact on your living expenses? Would this change affect you in any other ways?

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Financial Management, Finance

Category:- Financial Management
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