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The Federal Reserve announced a half-percentage-point interest rate increase on May 4th 2022. With the help of a graph show the expected effect of this

The Federal Reserve announced a half-percentage-point interest rate increase on May 4th 2022. With the help of a graph show the expected effect of this on the USD spot rate. Explain the process in words clearly. Also, use relevant equations in your explanation. (10 points)

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