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WebAbout us. MFED, or Model Federal Open Market Committee, is the University of Michigan's premier mock FOMC team founded in 2024. MFED prepares students for the Federal … WebFeb 3, 2024 · Figure 1 depicts the relative stance of monetary policy (solid line)—the difference between the effective federal funds rate and our time-varying measure of —from 1965 through the end of 2024. The figure also plots the term spread (dashed line), which we define as the difference between the 10-year and 3-month Treasury yields. de blasio new year\u0027s eve
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