A statement that accurately reflects Fed behavior in recent years is which of the following?
A)The Fed has become much more open in recent years.
B)The Fed prefers to operate in secrecy so that it can execute its policies before they are made public.
C)The Fed continues it long-term policies of secrecy.
D)The Fed is much more open with Congress now but not with the public.

Question

Quizplus · Accepted Answer

The Fed has become much more open in recent years, hosting press conferences after some monetary policy meetings and making more information available to the public through its website. The Fed has also increased transparency in its communication with Congress and has begun publishing its economic and interest rate projections.

A Statement That Accurately Reflects Fed Behavior in Recent Years