4. What is the Fed's most important monetary policy tool?

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asked Feb 15, 2023 75.5k views

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Abhay Kumar Upadhyay · Answer 1 · 2023-02-20T21:06:42+0000

Answer:

Interest on reserves remains the primary tool for influencing the federal funds rate, other market interest rates in turn, and ultimately consumer and business borrowing and spending.

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4. What is the Fed's most important monetary policy tool?

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