In the U.S., the Fed seems very hesitant about suddenly changing the direction of interest rates, even when it would be beneficial.
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Q48: The Federal Reserve can maintain the Federal
Q49: The Federal Reserve can keep the Federal
Q50: Nearly all central banks appear to work
Q51: Most major central banks have shifted their
Q52: Ideally, today's central bank monetary policy should
Q54: Frequently, central banks will intervene in the
Q55: Most central banks, including the Fed, have
Q56: No loan from the Fed's discount window
Q57: Borrowing from the Fed's discount window reduces
Q58: There are no options available to banks
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