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What is the Federal funds rate and how does it affect the economy? The Federal Reserve (FED) increased both the Federal funds rate and their

What is the Federal funds rate and how does it affect the economy? The Federal Reserve (FED) increased both the Federal funds rate and their interest rate expectations during their March meeting. Why? How did the market react to the news? What effect, if any, did the TCJA have on the FEDs growth and inflation expectations?

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