WhiteWinterRose WhiteWinterRose

16-12-2020
Social Studies

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Identify and explain the Fed's three major tools in conducting monetary policy.

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SuperSupreme SuperSupreme

16-12-2020

Answer: The Fed has traditionally used three tools to conduct monetary policy: reserve requirements, the discount rate, and open market operations. In 2008, the Fed added paying interest on reserve balances held at Reserve Banks to its monetary policy toolkit.

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lorcolantro lorcolantro

16-12-2020

reserve requirements, the discount rate, and open market operations. In 2008, the Fed added paying interest on reserve balances held at Reserve Banks to its monetary policy toolkit.

Answer Link

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