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Does the federal reserve set interest rates

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Reference no: EM133599611

Question: This week's discussion is on importance of interest rates. Please answer the following questions in your discussion post: - who or what determines interest rates in the economy? - does the Federal Reserve set interest rates? If so, which interest rate does it determine? - can the Federal Reserve set the interest rates to any level it pleases? Explain why or why not.

Reference no: EM133599611

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