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Please help with the question: Assume there is a sudden expectation of increasing interest rates in the future. What would be the effect on the

Please help with the question:

  1. Assume there is a sudden expectation of increasing interest rates in the future. What would be the effect on the shape of the interest curve?
  2. Identify the primary objectives of the Federal Open Market Committee and the means by which it attempts to achieve these objectives. Please provide the answer in your own understanding.

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