Effective Federal Funds Rate FRED-Effective Federal Funds Rate Percent 6 0 Jan 2019 Jul 2019 Shaded areas indicate U.S. recessions. Jan 2020 Jul 2020 Jan 2021 Jul 2021 Source: Federal Reserve Bank of New York Jan 2022 Jul 2022 Jan 2023 Jul 2023 fred.stlouisfed.org
Effective Federal Funds Rate FRED-Effective Federal Funds Rate Percent 6 0 Jan 2019 Jul 2019 Shaded areas indicate U.S. recessions. Jan 2020 Jul 2020 Jan 2021 Jul 2021 Source: Federal Reserve Bank of New York Jan 2022 Jul 2022 Jan 2023 Jul 2023 fred.stlouisfed.org
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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In detail explain what is going on in this graph for effective federal funds rate
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