Under Alan Greenspan and Ben Bernanke,the Federal Reserve was successful in pursuing a ________ policy.

Question

Quizplus · Accepted Answer

Under the leadership of Alan Greenspan and Ben Bernanke, the Federal Reserve pursued a preemptive policy, which means taking action before inflation or economic problems became severe. This policy involved adjusting interest rates and other monetary policy tools in advance to prevent any economic downturns. In this way, the Federal Reserve was successful in maintaining economic stability during their tenure.

Under Alan Greenspan and Ben Bernanke,the Federal Reserve Was Successful