Why would fed choose to keep fund rate away from equilibrium


Problem

Why would the Fed choose to keep the funds rate away from equilibrium for extended periods of time? In view of the performance of the economy after this occurred, explain why you would or would not expect the Fed to repeat that performance in the future.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: Why would fed choose to keep fund rate away from equilibrium
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