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Describe how the federal funds rate target range has evolved since the beginning of 2020. Would the Feds current monetary policy be classified as stimulative
Describe how the federal funds rate target range has evolved since the beginning of 2020. Would the Feds current monetary policy be classified as stimulative or restrictive? Discuss trends observed in inflation and the unemployment rate since the beginning of 2021. Explain how the FOMCs current monetary policy is motivated by these trends. What is the expected effect of the Feds current monetary policy on inflation and unemployment
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