Asian Spectator

Men's Weekly

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How keeping down borrowing costs for mortgages and other loans is built into the Fed’s ‘dual mandate’

  • Written by Arabinda Basistha, Associate Professor of Economics, West Virginia University
How keeping down borrowing costs for mortgages and other loans is built into the Fed’s ‘dual mandate’Home borrowing costs, like other long-term rates, are not directly controlled by the Fed – but they still feel its influence.athima tongloom/Moment via Getty Images

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