The federal reserve had to resort to non-standard methods, Ask an Expert

Economics

The Federal Reserve had to resort to non-standard methods to try to stimulate the economy the last several years in part because:

1. it was no longer allowed to change the reserve requirement

2. inflation was too high

3. there were no longer any Treasury bonds to buy

4. the federal funds rate hit the zero lower bound.

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M91237759

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