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What is the Fed's Current Method of hitting the federal funds rate target? The Fed sets a target ________ for the federal funds rate ________.
What is the Fed's "Current Method" of hitting the federal funds rate target? The Fed sets a target ________ for the federal funds rate ________.
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level; that is equal to the discount rate
range; bounded by the corridor created by the discount rate and the interest on reserves rate
range; and maintains equilibrium in the market for reserves with daily open market operations
level; and keeps on target by daily open market operations
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