Fed raises discount rate for third time this year

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Reference no: EM131112575

A newspaper headline reads "Fed Raises Discount Rate for Third Time This Year." This headline indicates that the Federal Reserve is most likely trying to :

A) Stimulate the economy

B) Increase the money supply

C) Reduce the cost of credit

D) Reduce inflationary pressures in the economy.

Reference no: EM131112575

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