When the Fed raised its target for the federal funds rate in 2015,it set the interest rate it pays on overnight reverse repurchase agreements at
A) 0%.
B) 0.25%.
C) 0.50%.
D) 1.25%.

Question

Quizplus · Accepted Answer

When the Federal Reserve raised its target for the federal funds rate in 2015, it set the interest rate it pays on overnight reverse repurchase agreements at 0.25%. This was part of its monetary policy tools to control interest rates and manage economic activity.

When the Fed Raised Its Target for the Federal Funds