The Federal Reserve’s main tool to keep inflation in check and maximize employment which are its two fundamental functions as mandated by Congress is its key federal funds rate. The rate, which the Fed raises, lowers or keeps unchanged during its scheduled Federal Open Market Committee meetings influences interest rates across the economy. But that’s not the only tool available to the central bank as it fights inflation.
How the Fed is using its multi-trillion-dollar balance sheet to fight inflation cnn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cnn.com Daily Mail and Mail on Sunday newspapers.
You know the dollar is brawny when intervention isn’t whispered or inferred, but spoken plainly. That’s now the case in parts of Asia, where, despite the fashionable chatter about decoupling, the greenback’s vigour is proving uncomfortable
Neutral and Terminal Interest Rates, Explained bloomberg.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloomberg.com Daily Mail and Mail on Sunday newspapers.