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1) How will a lower Fed Funds Rate affect the value of dollar relative to other countries, assuming the US inflation rate doesnt change? How

1) How will a lower Fed Funds Rate affect the value of dollar relative to other countries, assuming the US inflation rate doesnt change? How will the value of dollar change if other countries central banks take the same action?

2) What are some of the concerns policy makers may have regarding a further decrease in the Fed Funds Rate at this juncture?

3)Why is a wholesale flight out of the dollar unlikely in the immediate future?

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