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1. What is specific interest rate the Fed is controlling to maintain a balance between economic growth and price stability (inflation)? 2. Why hasthe Fed

1. What is specific interest rate the Fed is controlling to maintain a balance between economic growth and price stability (inflation)?

2. Why hasthe Fed keptraising that interest rate recently?

3. How(not just "what") does arate increase affect (1) inflation and (2) economic growth, respectively?

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