Interpret the Following Regression Explaining the Fed Rate

question 12

Essay

Interpret the following regression explaining the Fed rate:
Answer the following:
i. What is the interpretation of ?? Does this make any economic sense?
ii. How well do past rates explain present rates?
iii. How well does Payroll growth explain Fed fund rates?
iv. How well does in?ation explain Fed fund rates?
v. Is this model better than the one presented previously?

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