The SOMA manager uses all of the following information except ____ in determining the quantity of securities to buy or sell.
A) FOMC policy directive
B) Target ranges for monetary aggregates relative to actual ranges
C) Unemployment and inflation rate data
D) Conference calls with Federal Reserve economists
E) All of the above are used by the SOMA manager
Correct Answer:
Verified
Q103: The Federal Reserve official who conducts open-market
Q104: When the Federal Reserve conducts purchases and
Q105: If the Federal Reserve sells securities from
Q106: If the Federal Reserve decides to purchase
Q107: A Federal Reserve open-market operation whereby the
Q109: The type of open-market operation that permanently
Q110: The type of open-market operation that brings
Q111: Legal reserves that a depository institution in
Q112: Legal reserves that many of the world's
Q113: Other central banks around the world may
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents