Solved: Type of monetary-fiscal policies influence interest rates, Microeconomics

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Type of monetary-fiscal policies influence interest rates

Problem:

The Federal Reserve boosted the fund, or interest, rate today another 1/4 percent to 5 percent, the highest rate in five years. So, how does this type of monetary and fiscal policies influence other interest rates? Do you think mortgage rates will be affected? Credit Cards? Or, how about savings???

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Microeconomics: Type of monetary-fiscal policies influence interest rates

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