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If the Federal Reserve lowers the federal funds rate, what will happen to bank savings accounts? (4 points)

If the Federal Reserve lowers the federal funds rate, what will happen to bank savings accounts? (4 points)
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If the Federal Reserve lowers the federal funds rate, what will happen to bank savings accounts? (4 points)

User Abril
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1 Answer

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The interest rate offered would decrease. The federal reserve sets the rates to help prevent inflation, deflation etc
User Krirk
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