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Since 1913 how have the powers of the Federal Reserve increased; do these powers allow for the Fed enough room to fix problems with inflation

Since 1913 how have the powers of the Federal Reserve increased; do these powers allow for the Fed enough room to fix problems with inflation and interest rates Discuss the current level of interest rates set by the Federal Reserve and who this helps and who this helps Discuss the impacts of tighten policy when and if it can be used and if it causes recessions

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