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发帖数: 84 | 1 Is Fed Going to End Reliance on Federal Funds Rate?
By: Reuters
The US Federal Reserve looks set to end its reliance on the federal funds
rate, long its primary monetary policy tool, when the the time comes to tap
the brakes as the economy recovers, some economists said.
Set to take its place is the interest rate the Fed pays on excess bank
reserves, a tool the central bank has more control over, particularly in the
current financial environment.
With the financial system awash in cash, the cent |
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