The Fed's eclecticism reflects

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The Fed's eclecticism, or the combination of various methods and tools in adjusting monetary policy, reflects changes in the targets set by the Fed. These targets may include inflation, employment, financial stability, and economic growth, among others. The Fed's approach to monetary policy is not fixed or rule-based, but rather adaptive and flexible, depending on the economic conditions and outlook. Guidance from Congress does have some influence on the Fed's policies, but ultimately, the Fed's decisions are driven by its mandate to achieve maximum employment and price stability. The Fed's use of interest rates as a tool is just one aspect of its eclectic approach to monetary policy.

The Fed's Eclecticism Reflects