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Explain the process of how the fed changes interest rates

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Reference no: EM132592874

Watch:

https://www.youtube.com/watch?v=xfwAqGqT2_Q&feature=youtu.be

Hosted by radio and television news veteran Charles Osgood, this video gives an overview of the Federal Reserve System from its founding in 1913 to the technological innovations of 21st-century banking. 

Explain the process of how the Fed changes interest rates and how those changes encourage an appropriate increase or decrease in spending in the economy.

Reference no: EM132592874

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