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The Fed And Interest Rates
Beginning of essay
Dave Pettit of The Wall Street Journal writes a daily column that
appears inside the first page of the journal's Money & Investment section. If
the headlines of Mr. Pettit's daily column are any accurate record of economic
concerns and current issues in the business world, the late weeks of March ....
Middle of essay
....us
package, the Fed may attempt to decrease the interest rates to encourage growth
and spending in the markets. This was the case from 1989 until last month,
during which the nation's economy was generally considered to be in a slight to
moderate recession. During this period the Fed tried to keep interest rates low
to facilitate growth and spending in hard times. However, when inflation is
increasing too quickly and the economy is gaining strength, the Fed will attempt
to raise rates, as it .... |
| Number of words: 1144 |
Approximate pages: 5 |
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