Business Finance
Interest rates and Federal Fund rate

Question Description

I’m studying and need help with a Economics question to help me learn.

How does the interest rate and inflation influence the amount of money we choose to hold?Who is the current chair of the Federal Reserve System? What is the current Federal Funds Rate? Can you explain the purpose of the Federal Funds Rate? ORIG ONLY!

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Final Answer

I.inflation drives intersest rates which is influencing the demand for money, thus, we chose to hold.

II. Janet L. Yellen, Chair

III. 0.25%

IV. federal funds rate or overnight rate between bank to bank transfers


HKPJ (6237)
UCLA

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