How much control does the fed have over the longer real rate

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Problems:

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have over this longer real rate?

Additional Information:

The problem is from economics and it is describe whether the Federal Reserve being able to control fund rates by making changes in the interest rates is discussed in the answer.

Word Limits: 200

Reference no: EM13827289

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