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Explain how each of the following may contribute to the effectiveness of monetary policy: establishing news conferences following some FOMC meetings; announcing that the FOMC

  • Explain how each of the following may contribute to the effectiveness of monetary policy: establishing news conferences following some FOMC meetings; announcing that the FOMC has an inflation goal of 2 percent in the medium term; and projecting the future path for the federal funds rate.

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1 Establishing news conferences following some FOMC meetings News conferences following some Federal Open Market Committee FOMC meetings can contribute to the effectiveness of monetary policy by provi... blur-text-image

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