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Tatiana [17]
3 years ago
14

The most recently-introduced tool of monetary policy is the:

Business
1 answer:
Marina86 [1]3 years ago
5 0

The most recently-introduced tool of monetary policy is the interest on reserves.

 

To add, interest on reserves<span> (IOR) is the rate at which the Federal Reserve Banks pay interest on reserve balances, which are balances held by DIs at their local <span>Reserve </span>Banks.</span>

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