After the FOMC announces a change in the target fed funds rate, the Fed's trading desk in New York engages in a(n) _____ open market operation.
A) offensive
B) dynamic
C) aggressive
D) none of the above

Question

Quizplus · Accepted Answer

Dynamic open market operations are conducted to implement the Federal Open Market Committee's (FOMC) policy directives, such as changing the target federal funds rate.

After the FOMC Announces a Change in the Target Fed