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Catracho Catracho
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5 years ago
Who is the chairman of Federal Reserve? Discuss the recent monetary policies implemented by the Federal reserve and post a relevant newspaper article.
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Staff Member
5 years ago
Jerome Powell

The Board of Governors of the Federal Reserve System voted unanimously to raise the interest rate paid on required and excess reserve balances to 2.20 percent, effective September 27, 2018.

Evidence found here: https://www.federalreserve.gov/monetarypolicy/files/monetary20180926a1.pdf

Article found here: https://www.reuters.com/article/usa-moneymarkets/money-markets-libor-rise-slows-fed-funds-rate-elevated-idUSL2N1X913E

Hope that helps you Catracho
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