An important reason why unconventional monetary policy was kept was that the:
A)inflation rate remained low.
B)inflation rate remained high.
C)short-term interest rate remained low.
D)short-term interest rate remained high.

Question

Quizplus · Accepted Answer

Unconventional monetary policy measures, such as quantitative easing, were largely maintained because the inflation rate remained low, often below the target levels set by central banks. This low inflation environment suggested that traditional monetary policy tools, like adjusting short-term interest rates, were insufficient to stimulate economic activity and achieve price stability goals.

An Important Reason Why Unconventional Monetary Policy Was Kept Was