The Fed's first forward guidance in 2009 was framed in terms of keeping interest rates low
A) for an extended period.
B) at least until a particular date in the future.
C) based on outcomes for the unemployment rate and inflation rate.
D) until the next Presidential election.
A
Economics
You might also like to view...
If the Fed fears inflation, then the Fed
A) directs banks to raise the nominal interest rate. B) will increase the income tax rate on interest income. C) directs banks to lower the nominal interest rate. D) will sell government securities in the open market. E) will buy government securities in the open market.
Economics
Demand is inelastic if the price elasticity of demand is
a. less than 1. b. equal to 1. c. greater than 1. d. equal to 0.
Economics