Monetary Policy

Essay specific features

 

Issue:

Business

 

Written by:

Brett D

 

Date added:

May 25, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 664

 

Was viewed:

2634 times

 

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Essay content:

Changes in the federal funds rate trigger a chain of events that affect other short-term interest rates, foreign exchange rates, long-term interest rates, the amount of money and credit, and, ultimately, a range of economic variables, including employment, output, and prices of goods and services (GDP)...
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Labor market conditions improved significantly, albeit at an uneven pace, and productivity rose notably further. Consumer price inflation moved higher with the surge in energy prices, but core consumer price inflation (that is, excluding food and energy) remained well contained, and measures of expected inflation over longer horizons held steady or edged lower...
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