based off of this reading come up with some questions, The committee mentioned that the decline will occur when inflation also lowers and moves towards 2%. This relates to chapter 15 and monetary policies. The Federal Reserve is the U.S. central banking system and a monetary policy is changes made in the nation's money supply to shift the aggregate demand curve (pg. 451). As noted in the textbook, the eventual lowering of interest rates will increase consumer purchases, leading to economic growth. A current monetary policy is a cautious increase of interest rates to control inflation (pg. 453)