answersLogoWhite

0

The Federal Reserve raised interest rates to control inflation and encourage saving and investment.

User Avatar

AnswerBot

5mo ago

What else can I help you with?

Related Questions

Who has the authority to lower or raise interest rates to discourage or encourage the borrowing and spending of money?

Federal Reserve


Who has the authority to lower or raise interest rates to discourage or encourage the borrowing and spending money?

Federal Reserve


Why did the Federal Reserve increase interest rates?

The Federal Reserve increased interest rates to control inflation and encourage saving and investment.


How might monetary policy be used to combat inflations fears?

The Federal Reserve might raise interest rates.


Which group on the Federal Reserve organization chart decides whether to raise or lower interest rates?

board of government


Why did the federal reserve raise interest rates in 1928 and 1929?

From 1923 to about 1928, the feds had kept the rates artificially low, but this increased the chance of runaway inflation, so it had no choice but to raise it again.


When the federal reserve board lowers interest rates it most likely attempting to?

lower interest rates.


Who sets the interest rates in the US.?

The Federal Reserve (The Fed)


Who sets national interest rates in the US?

The Federal Reserve (The Fed)


What will the federal government (Federal Reserve Bank) do I an attempt to encourage saving and investing?

raise dividend rates


What will the federal government (federal reserve bank) do in an attempt to encourage saving and investing?

raise dividend rates


What will the federal government (Federal Reserve Bank) do in an attempt to encourage saving and investing?

raise dividend rates