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"The Federal Reserve System & Monetary Policy" icon

The Federal Reserve System & Monetary Policy

This case study concerns the Fed's decision to lower interest rates in May 2001. Background information is provided for both students and instructors, as well as a printable version. The text of the case provides information about the announcement, a graph that depicts the relationship between the federal funds rate and the discount rate, and questions (and answers in the instructor's version) regarding the decision.
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