Economics discussion post

 

The president of the United States announces in a pre-conference that he will fight the higher inflation rate with a new anti-inflation program. Predict what will happen to interest rates if the public believes him. Why are expectations so important to the role of interest rates?

 

It only has to be 250 words. Due 4/16/14 by 3pm eastern time. It just a discussion post. 
 

 
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