darrenosburn darrenosburn
  • 16-01-2020
  • Social Studies
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What is the federal reserve best known for

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basketking333
basketking333 basketking333
  • 16-01-2020
The Fed is best known for setting short-term interest rates. It does so by raising or lowering its target for the federal funds rate, which is the rate banks charge other banks to lend money.
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