In the fall of 2002 the fed voted to decrease the federal, Ask an Expert

Economics

In the fall of 2002 the Fed voted to decrease the federal funds rate target on several different occasions, reducing it from 3% to 1.75%. What action in the "open market" would the Fed's trader have had to take, other things equal, in order to induce this decrease in the federal funds rate?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91372650

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