Reconcile the feds targeted federal funds rate

Reference no: EM131226079

Targeted Federal Funds Rate :

The Fed uses a targeted federal funds rate when implementing monetary policy. However, the Fed's main purpose in its monetary policy is typically to have an impact on the aggregate demand for products and services.

Reconcile the Fed's targeted federal funds rate with its goal of having an impact on the overall economy.

Reference no: EM131226079

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