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The Federal funds rate A. is always slightly higher than the discount rate B. can never be close to zero C. may sometimes have to be targeted at zero D. is an intermediate target
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Asked 6/3/2013 4:01:00 PM
Updated 3/8/2017 9:45:50 PM
1 Answer/Comment
Flagged by jerry06 [3/8/2017 9:45:44 PM]
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User: The Federal funds rate A. is always slightly higher than the discount rate B. can never be close to zero C. may sometimes have to be targeted at zero D. is an intermediate target

Question
Asked 6/3/2013 4:01:00 PM
Updated 3/8/2017 9:45:50 PM
1 Answer/Comment
Flagged by jerry06 [3/8/2017 9:45:44 PM]
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The Federal funds rate may sometimes have to be targeted at zero.
Added 3/8/2017 9:45:43 PM
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [3/9/2017 9:18:14 AM]
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