Increase in FED Rate
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Recently the Feds have begun to raise interest rates. Do you support this shift in policy?
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Solution Summary
The response provides you a structured explanation of the increase in interest rate by Federal Reserve . It also gives you the relevant references.
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I support the increase in interest rates. The current FED rate is very low at 1.00%. The FED rate was lowered to increase liquidity during the recession. It had remained low at 0.25% for nearly 10 years(1). Now, that economic recovery has started, the rates must be increased to a reasonable level. The increase in interest rates ...
Education
- BSc , University of Calcutta
- MBA, Eastern Institute for Integrated Learning in Management
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