Define the term federal funds rate

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Question: Define the term Federal funds rate. When theFederal Reserve Bank (FED)meets this week (December13-14) what monetary policy changes do you expect to keep inflation under control?Be sure to discuss interest rate policy and the size of the FED's balance sheet. What is meant by the term "restrictive" interest rate? How high will the FED have to raise the Federal funds interest rate before it is a "restrictive" rate? How long will this take? If asthe article states, "Companies Plan Big Raises for Workers in 2022" how will this impact inflation in 2023 and inflationary expectations in financial markets going forward. Forecast the inflation rate in the U. S. economy at the beginning, middle and end of 2023? Explain your reasoning carefully

Reference no: EM133328554

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