Historical actions indicate that the Fed's primary goal of monetary policy over the past 20 years has been to

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The Fed's primary goal of monetary policy over the past 20 years has been to prevent high rates of inflation. This is reflected in the Fed's decision to raise interest rates in order to combat inflationary pressure. Additionally, the Fed has implemented various measures, such as quantitative easing, to stimulate economic growth and prevent deflation, which can lead to a stagnant economy. Maintaining low unemployment rates and limiting consumer credit availability are secondary goals of the Fed's monetary policy.

Historical Actions Indicate That the Fed's Primary Goal of Monetary