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In 2007, the Federal Reserve began buying greater quantities of Treasury bonds than usual. What was the intent of this decision

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Tundexiidn

The intention of the Federal Reserve on buying large quantities of Treasury bonds is to drive down interest rates.

The Federal reserve began responding to rising unemployment in 2007 with the main tool of traditional monetary policy which is interest rate cuts.

  • The Federal reserve boosts the economy by reducing the interest rate that banks pay each other for overnight loans.

In conclusion, the intention of the Federal Reserve on buying large quantities of Treasury bonds is to drive down interest rates.

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