Social Studies, 18.03.2021 22:10 amcdaniel1
The Federal Reserve has three main tools that can be used for enacting monetary policy, including open market regulation and the discount rate. If using either open market regulation or the discount rate can have virtually the same effect, why is there concern over the Fed buying $600 billion in Treasury bonds, which is estimated to have the effect of lowering interest rates by three-quarters of a percentage point?
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