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The Fed and Interest Rates: Biased Toward the GOP?

By Guest PostNovember 1, 2012Politicsbill clinton, counter intuitive, democrat, election, fed, federal funds rates, federal reserve bank, fiscal, george bush, government, independent bank, jared wadley, michigan, monetary policies, partisan bias, party, policy behaviour, presidential election, republican, right wing, study, university, vincent are bundock, White House, william clark

ANN ARBOR — With the elections less than a week away, it’s worth considering that the party of the president influences the policy behavior of the Federal Reserve Bank, according to a new University of Michigan study.

The Federal Reserve Bank increases interest rates before the presidential elections when Democrats are in office, but lowers the rates when Republicans control the White House. The independent bank finds it easier to accomplish its policy goals when Republicans control the White House than when Democrats do, the researchers say. (more…)

Study: Off-Campus College Party Hosts Drink More Than Attendees

COLUMBUS, Ohio – On any given weekend, at least 10 percent of students at a single college could be hosting a party, and on average, party hosts who live off campus are drinking more and engaging in more alcohol-related problem behaviors than are the students attending their bashes, research suggests.

In contrast, hosts of parties held on campus tend to drink less than do the students attending their gatherings, according to the study. (more…)

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The Fed and Interest Rates: Biased Toward the GOP?

Study: Off-Campus College Party Hosts Drink More Than Attendees