As part of its response to the global financial crisis, the Fed lowered the federal funds rate
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As part of its response to the global financial crisis, the Fed lowered the federal funds rate target to nearly zero by December 2008, a considerable easing of monetary policy. However, survey-based measures of five-to-ten-year inflation expectations remained low until February 2010. Comment on the Fed’s credibility to fight inflation.
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Kamran ahnad
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Related Book For 
Macroeconomics Policy And Practice
ISBN: 9781292019598
2nd Global Edition
Authors: Frederic S Mishkin
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