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A New Frontier: Monetary Policy with Ample Reserves (Page One Economics)

The Federal Reserve conducts the nation’s monetary policy to promote maximum employment and price stability through the federal funds rate. The May 2019 issue of Page One Economics reviews the previous framework for monetary policy, and then describes the Federal Reserve’s new strategy for influencing the federal funds rate and the broader economy.

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Audience:   High School, College, Consumers
Language:   English
Subjects:   AP Economics, Economics
Resource Types:   Publications, Lessons
Concepts:   Monetary Policy, Federal Reserve System-functions, Economy