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How the US Federal Reserve sets interest rates

Graham Watson

28th November 2017

How the Federal Reserve sets rates. It's American-focused but shows how the base rate is only part of the story for the average bank customer, and thus equally applicable to the UK too.

Here is a chart showing the Effective Federal Funds Rate since 1955.

Graham Watson

Graham Watson has taught Economics for over twenty years. He contributes to Tutor2U, reads voraciously and is interested in all aspects of Teaching and Learning.

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