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When did the Fed first begin to use open market operations as a policy tool?
CDs
Short for Compact Discs, a digital optical disc data storage format used to store music, data, or software.
Federally Insured
Protection or guarantee by the federal government for deposits in banks or investments, safeguarding against loss.
Secured Bonds
Secured Bonds are debt securities backed by collateral to reduce the risk associated with lending, enhancing the bondholder’s security.
Bondholders
Individuals or entities that hold debt securities issued by corporations or governments, entitling them to interest payments and the principal investment return at maturity.
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