What does it mean that futures provide price discovery
Problem
What does it mean that futures provide 'price discovery'? Explain how the concept works and why it is important for the commodities markets.
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A brief description of Nordstrom current business and operations (product-markets served, location, current strategy, etc.)
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Explain how the Federal Reserve would implement a rise in the target range for the federal funds rate? How does its action influence market federal funds rate?
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