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  • 03-05-2018
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What did the Federal Reserve do to try to reduce inflation?

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g3729324
g3729324 g3729324
  • 03-05-2018
They can increase their interest rates. When the federal reserve does this, everyone else follows suit. This results in less interest in borrowed money and inevitably, reduced inflation.
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kayla519
kayla519 kayla519
  • 03-05-2018
When the federal reserve increases its interest rate banks have no choice but to increase their rates as well
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