The Fed's normalization plan for monetary policy included
A) raising the federal funds target rate.
B) raising the interest rate paid on excess reserves.
C) using repos to insure adequate excess reserves in the banking system.
D) raising the reserve ratio on deposits to soak up the excess liquidity in the system.

Question

Quizplus · Accepted Answer

The Answer of The Fed's normalization plan for monetary policy included
A) raising the federal funds target rate.
B) raising the interest rate paid on excess reserves.
C) using repos to insure adequate excess reserves in the banking system.
D) raising the reserve ratio on deposits to soak up the excess liquidity in the system.

The Fed's Normalization Plan for Monetary Policy Included