One reason for raising interest rates was the prospect of a, Ask an Expert

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One reason for raising interest rates was the prospect of a refinancing issue: a $12 billion issue matures April 1, and the government is expected to seek some new money, in excess of its refinancing needs.

Q: Why doesn't the government get the central bank to wait untill after the refinancing before increasing interest rates, so as to minimize its interest costs?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91402350

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