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Given the state of the economy and the financial markets today, what do you think the Federal Reserve will peg the discount rate to be
Given the state of the economy and the financial markets today, what do you think the Federal Reserve will peg the discount rate to be three months from today? In six months? One year from today? DO NOT just say, "It will go up or down!" Explain why you think that would be the case, and whether you think that would be the appropriate rate for the economic environment of that time.
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