The chair of the Federal Reserve Bank spoke to the American public. The message she conveyed is that Fed economists are worried about inflation and believe the best course of action would be to slow the economy. Which of the following policies is the Fed most likely to pursue?

Question

Quizplus · Accepted Answer

When the Fed is concerned about inflation it is likely to try to slow down the economy by increasing interest rates and restricting the money supply.

The Chair of the Federal Reserve Bank Spoke to the American