the federal reserve(passive) set byFederal Funds Rate
fed if 2(passive) is set byfederal funds rate
the Fed ... only ableto directly influenceFederal Funds Rate
US Federal Open Market Committee ( FOMCsettingFederal Funds Rate ( FFR=2.5 %
interbank borrowing to maintain reserves at the Fed(passive) influenced byFederal Funds rate
sell U.S. Government securitiesto influencefederal funds rate
30 year fixed - rate mortgages.wall street Federal funds ratesetFederal funds rate
inflationto preventinflation
The Federal Reserve , the country 's central banking systemsetsThe Federal Reserve , the country 's central banking system
at zero sinceearly 2009 and will remain there through 2013has been setat zero sinceearly 2009 and will remain there through 2013
too highsettoo high
too lowsettoo low
to a drop in the stock market by 4 percentage points within a 30 minutes event windowleadsto a drop in the stock market by 4 percentage points within a 30 minutes event window
chieflyinfluenceschiefly
at a range of zero to 0.25 %setat a range of zero to 0.25 %
or laggingleadingor lagging
longer- term interest rates such as mortgages , loans , and savings , all of which are very important to consumer wealth and confidenceinfluenceslonger- term interest rates such as mortgages , loans , and savings , all of which are very important to consumer wealth and confidence
using a method // modified from one outlined by N. Greg Mankiwwould be setusing a method // modified from one outlined by N. Greg Mankiw
alsoinfluencesalso
short - term commercial ratesinfluencesshort - term commercial rates
-0.2 percentage pointcontributed-0.2 percentage point
forth in Section 1.1 of the Indenturesetforth in Section 1.1 of the Indenture