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On the below, comment what people would agree on and why? Assignment: The Federal Reserve (Fed) has implemented tight monetary policy from 2022-2023, with a
On the below, comment what people would agree on and why? Assignment: The Federal Reserve (Fed) has implemented tight monetary policy from 2022-2023, with a focus on reducing inflation to maintain price stability and increase employment. Despite the policy's intended slowdown in economic growth, the economy has remained resilient, with respectable growth in 2023 and 2024. The housing market has been challenging due to higher interest rates, with many consumers locked in low-interest mortgages. Despite the impact on vulnerable stocks, the market has rallied since 2023. US monetary policy also impacts international trade, with higher rates benefiting foreign trade but also increasing capital costs and borrowing costs
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