Find the current Federal Discount Rate. Find the current Prime Interest Rate. Explain what these...
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Find the current Federal Discount Rate. Find the current Prime Interest Rate. Explain what these rates are. Are these rates relatively low or high compared to historical averages? Explain why. If you were in charge of monetary policy in the U.S., would you be inclined to raise or lower the Federal Discount Rate from its current amount (explain)? Finally, how would the Saint Leo core values of responsible stewardship and integrity influence your decision?
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