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re: Do experts on the money board agree with what the feds did today?
Posted on 3/26/24 at 9:05 pm to TigerTatorTots
Posted on 3/26/24 at 9:05 pm to TigerTatorTots
The Fed doesn’t control the interest rates on our debt. That is market driven. The Fed controls the overnight lending rate. Raising or lowering the Fed Funds rate is what they control. They can’t raise or lower 2yr, 5yr, 10yr or 30yr Treasury rates.
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