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https://www.federalreserve.gov/monetarypolicy/fomccalendars.htm PDF: Inflation Is Real Enough to Take Seriously - The New York Times (nytimes.com) Using the above information What is the current range for
https://www.federalreserve.gov/monetarypolicy/fomccalendars.htm
PDF: Inflation Is Real Enough to Take Seriously - The New York Times (nytimes.com)
Using the above information
- What is the current range for the target for the federal funds rate?
- What does the Fed say about current inflation and how it relates to the inflation target? Does FOMC sound worried about inflation?
- If the Fed wants to lower or increase interest rates, they will do that by changing the interest rate on excess reserves. Why can't the Fed just change the fed funds rate?
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