The Fed's forward guidance in late 2012 through mid-2015 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 indeed framed in terms of specific economic outcomes, particularly targeting improvements in the unemployment rate and inflation rate, rather than setting a fixed date or tying the policy to an event like a Presidential election.

The Fed's Forward Guidance in Late 2012 Through Mid-2015 Was