Open market operations has always been the primary tool of the Fed for controlling prices.

Name: Open market operations has always been the primary tool of the Fed for controlling prices.
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Question

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Open market operations are a key tool used by the Federal Reserve for controlling the money supply and influencing interest rates, which can affect inflation, but they are not solely focused on controlling prices. The Fed also uses other tools such as setting the discount rate and reserve requirements.

Open Market Operations Has Always Been the Primary Tool of the Fed