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Monetary Policy
Essay specific features
Written by:
Brett D
Date added:
May 25, 2014
Level:
University
Grade:
A
No of pages / words:
3 / 664
Was viewed:
2699 times
Rating of current essay:
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)...
displayed 300 characters
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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...
displayed 300 characters
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