Simple explanation of how the Fed affects the stock market

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I am writing a paper for school and need to know how the Federal Reserve affects the stock market is simple terms. Thank you for your help.

-- Jackie Rockseth (jrockseth@aol.com), December 02, 2000

Answers

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-- Zach Rockseth (BeanMan22@aol.com), January 28, 2003.

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-- tits (hey@aol.com), March 07, 2005.

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