A policy sometimes followed by the Federal Reserve in which the Fed tries to extend a steadying influence on the financial markets when the Treasury is offering new securities or conducting refundings is known as:

Question

Quizplus · Accepted Answer

The correct term is "Even keel." This policy involves the Federal Reserve taking actions to maintain stable conditions in the financial markets, particularly around the times when the Treasury is issuing new securities or conducting refunding operations. This helps to prevent disruptions in the financial markets that could affect the Treasury's ability to finance government operations efficiently.

A Policy Sometimes Followed by the Federal Reserve in Which