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Macroeconomic

lert unchanged? Use the following news clip to work Problems 7 and 8. Fed Sees Low Unemployment and Low Inflation Fed officials dont understand the sources of low inflation and low unemployment persisting together and are puzzled about what comes next. Source: The New York Times, August 16, 2017
8. a. Why might the Fed decide to cut the federal funds rate in 2017? b. Why might the Fed decide to raise the federal funds rate in 2017?
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