Coalition for Prosperous America: Can the MAC Make the Federal Funds Rate More Effective?
November 11, 2021
November 11, 2021
WASHINGTON, Nov. 11 (TNSPol) -- The Coalition for a Prosperous America issued the following news release:
When inflation threatens America's stability and economic growth, the Fed's raises the Federal Funds Rate (FFR). This reduces domestic demand for borrowed funds, and that reduces the growth of domestic money in circulation and thus the rate of inflation.
This approach worked reasonably well from the 1930s when the FFR became an official policy tool of the . . .
When inflation threatens America's stability and economic growth, the Fed's raises the Federal Funds Rate (FFR). This reduces domestic demand for borrowed funds, and that reduces the growth of domestic money in circulation and thus the rate of inflation.
This approach worked reasonably well from the 1930s when the FFR became an official policy tool of the . . .