The Fed's forward guidance in 2011 and early 2012 was framed in terms of keeping interest rates low
A)for an extended period.
B)at least until a particular date in the future.
C) based on outcomes for the unemployment rate and inflation rate.
D)until the next Presidential election.

Question

Quizplus · Accepted Answer

The Fed's forward guidance during this period was specifically framed in terms of keeping interest rates low at least until a particular date in the future, providing a more concrete timeline for their monetary policy intentions.

The Fed's Forward Guidance in 2011 and Early 2012 Was