To hit the target federal funds rate given in the, Business Economics

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To hit the target federal funds rate given in the

To hit the target federal funds rate given in the FOMC‘s policy directive, Does the manager of the Trading Desk adjust demand for reserves, the supply of reserves, or both? What monetary policy tool does the manager of the Trading Desk use to hit the target federal funds rate? On most days, does the Trading Desk carry out open dynamic open market operations or defensive open market operations?

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