Throughout "A New Frontier," it became evident that the Federal Reserve manipulated the federal funds rate to exercise authority over economic activity, leading to a subsequent rise in interest rates. The outcome of increasing the federal funds rate had the following outcomes. Furthermore, the goal was to not only lower interest rates but also potentially reduce inflation. The video depicted the Federal Reserve's initiation of the practice of collecting interest on reserves via the use of this approach. This may facilitate more borrowing and spending, both of which are less effective strategies in today's society due to the regular variations in interest rates. This might potentially facilitate individuals in obtaining larger loans and increasing their spending