How can the Federal Reserve influence consumers to borrow money to purchase a home during an economic downturn? Responses By increasing interest rates on home loans to make banks more willing to loan money to consumers By increasing interest rates on home loans to make banks more willing to loan money to consumers By reducing interest rates on home loans to make consumers more willing to take loans from banks By reducing interest rates on home loans to make consumers more willing to take loans from banks By buying U.S. Treasury bonds back from consumers to allow them to have more cash in hand By buying U.S. Treasury bonds back from consumers to allow them to have more cash in hand By selling U.S. Treasury bonds to strengthen the U.S. economy and gross domestic product By selling U.S. Treasury bonds to strengthen the U.S. economy and gross domestic product