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Business, 21.02.2020 03:00 byers024

The larger the federal deficit, other things held constant, the higher are interest rates. Actions that lower short-term interest rates will always lower long-term interest rates. Long-term interest rates are not as sensitive to booms and recessions as are short-term interest rates. The Federal Reserve Board has a significant influence over the level of economic activity, inflation, interest rates in the United States.

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