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The rate of return being offered by banks on money market accounts is 3% and increasing. Which of the following might cause this to happen?

The rate of return being offered by banks on money market accounts is 3% and increasing. Which of the following might cause this to happen?
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The rate of return being offered by banks on money market accounts is 3% and increasing. Which of the following might cause this to happen?

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User Ostn
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Answer: C. The Federal Reserve raised the federal funds rate

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User ArafatK
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The rate of return being offered by banks on money market accounts is 3% and increasing. the situation might happen to this case is the federal reserve increase fund rate and therefore the overall rates of the economy.

hope this help
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User Ahmet Altun
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