In response to already low interest rates doing little to stimulate the economy,the Fed began buying 10-year Treasury notes and certain mortgage-backed securities to keep interest rates low.This policy is known as
A)inflation targeting.
B)contractionary monetary policy.
C)securities-bubble deflating.
D)quantitative easing.

Question

Quizplus · Accepted Answer

The policy of buying Treasury notes and mortgage-backed securities to keep interest rates low is known as quantitative easing.

In Response to Already Low Interest Rates Doing Little to Stimulate