Did interest rates rise or fall before peaks in the, Operation Management

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Did interest rates rise or fall before peaks in the

Using the same data sources as in question 8 for the NBER Business Cycle Reference Dates since 1960 and the effective federal funds rate plot the monthly interest rate data and note the behavior of the federal funds rate just before each recession began. Did interest rates rise or fall before peaks in the business cycle? Do your findings suggest that monetary policy causes recessions?

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