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Mr. Bultitude
2:01 AM
Hey kind folks, if the Fed wanted to reduce inflation, would it raise or lower the federal funds rate?
10 hours later…
EnergyNumbers
11:41 AM
@Mr.Bultitude I don't know exactly how they do it in the USA, but typically, if you want to suppress the demand for money, you raise its price - i.e. interest rates.
Mr. Bultitude
12:00 PM
@EnergyNumbers Thanks, got it.
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