The country has entered a period of economic growth, but prices are rising too rapidly. The Federal Reserve decides to decrease the federal funds rate, to stabilize prices.
What is the federal reserve?
The Federal Reserve is the central bank of the United State. The Federal supervises the nation's largest banks, conducts economic policy, and confers financial services to the United State government. It also encourages the stability of the financial system.
The country has entered a period of economic growth, but prices are rising too rapidly. The Federal Reserve decides to decrease the federal funds rate, to stabilize prices.
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