When the Fed lowers the interest on reserves (IOR) rate below the current federal funds rate, we can be sure that the Fed wants to Group of answer choices raise the federal funds rate, which in turn will lead to higher short-term interest rates. lower the federal funds rate, which in turn will lead to lower short-term interest rates. raise the federal funds rate, which in turn will lead to lower short-term interest rates. lower the federal funds rate, which in turn will lead to higher short-term interest rates