Which of the Following Is False

Which of the following is false?

A) The fed funds target rate was reduced dramatically from mid 2007 through December 2008 due to an economy in crisis.
B) In early 2009, the Fed did not anticipate increasing rates anytime soon.
C) In late 2008, the market for mortgage-backed securities dried up in response to the mortgage crisis.
D) The Fed has acted too slowly in mitigating the financial crisis of 2007-2008.