Register
What did the Federal Reserve do to try to reduce inflation?
23.7k views
3 votes
What did the Federal Reserve do to try to reduce inflation?

User MahaSwetha
by
7.1k points

2 Answers

3 votes
They can increase their interest rates. When the federal reserve does this, everyone else follows suit. This results in less interest in borrowed money and inevitably, reduced inflation.
User KenanBek
by
6.3k points
4 votes
When the federal reserve increases its interest rate banks have no choice but to increase their rates as well
User Meowmeowmeow
by
7.0k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

7.1m questions

9.4m answers

Other Questions

What goal of the constitution was also a goal of the Magna Carta?
Modern Western ideas about freedom, the value of the individual, forms of government, and systems of law came from __________.
Why did foreign powers treat the US government under the Articles of Confederation with scorn?
What was the major events that led the British to defeat
Why did the Berlin Conference occur?
Link Copied!