macroeconomicpolicynexus.substack.com/p/a-two-for-one-targeting-deal/comment/114712643

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https://macroeconomicpolicynexus.substack.com/p/a-two-for-one-targeting-deal/comment/114712643

bill on Macroeconomic Policy Nexus

I think it's very important to note that the Fed did Not cut interest rates at the meeting that came a few days after Lehman failed. Also, 3 weeks later, it started paying IOR after 95 years of paying zero (ie, an increase), and its initial rate of IOR was so high that it had to cut that after a few weeks.



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bill on Macroeconomic Policy Nexus

https://macroeconomicpolicynexus.substack.com/p/a-two-for-one-targeting-deal/comment/114712643

I think it's very important to note that the Fed did Not cut interest rates at the meeting that came a few days after Lehman failed. Also, 3 weeks later, it started paying IOR after 95 years of paying zero (ie, an increase), and its initial rate of IOR was so high that it had to cut that after a few weeks.



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https://macroeconomicpolicynexus.substack.com/p/a-two-for-one-targeting-deal/comment/114712643

bill on Macroeconomic Policy Nexus

I think it's very important to note that the Fed did Not cut interest rates at the meeting that came a few days after Lehman failed. Also, 3 weeks later, it started paying IOR after 95 years of paying zero (ie, an increase), and its initial rate of IOR was so high that it had to cut that after a few weeks.

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      I think it's very important to note that the Fed did Not cut interest rates at the meeting that came a few days after Lehman failed. Also, 3 weeks later, it started paying IOR after 95 years of paying zero (ie, an increase), and its initial rate of IOR was so high that it had to cut that after a few weeks.

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