What is the product of the following reaction? 
Definitions:
Fed Funds Rate
The interest rate at which depository institutions trade federal funds (balances held at Federal Reserve Banks) with each other overnight.
Equilibrium Levels
The point at which market supply and demand balance each other, and as a result, prices become stable.
Real Interest Rates
Measures the borrowing cost of money after adjusting for inflation, providing a clearer view of the true cost of borrowing or the true yield on an investment.
Nominal Rate of Interest
The rate of interest before adjustments for inflation.
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