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What is the major product of the following reaction?
Interest Rates
The fraction of a loan billed as interest to the borrower, often shown as an annual percentage of the outstanding loan amount.
Fed Targets
The economic objectives that the Federal Reserve aims to achieve through its monetary policy, including stable prices, maximum employment, and moderate long-term interest rates.
Interest Rate
The percentage charged on the total amount of borrowed money or earned through investments, indicating the cost of credit or yield.
Monetary Policy
The process by which a central bank or monetary authority manages the money supply and interest rates to achieve macroeconomic objectives such as controlling inflation, consumption, growth, and liquidity.
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