in 1-2 sentences based on economics video: deinfe monetary policy. 2. when the federal reservere is trying to ease monetary policy, what do they do with interest rates? 3. when the fed is trying to tighten the monetary policy, what do they do with interest rates? Video: SUSAN. Hi, I'm Susan. 0:06 RONNIE. And I'm Ronnie, and we work for the Federal Reserve, 0:10 the central bank of the United States. 0:13 The Federal Reserve, or the Fed, performs five key functions 0:16 that help promote a healthy economy for all Americans. 0:19 One of those functions is conducting the nation's 0:21 monetary policy. 0:22 SUSAN. What is monetary policy? 0:25 It's what the Federal Reserve does 0:26 to accomplish two goals mandated by the U.S. Congress-- 0:30 promoting maximum employment, which means all Americans 0:33 that want to work are gainfully employed, 0:35 and promoting stable prices for the goods 0:38 and services we all purchase. 0:40 In this way, the Fed's monitory policy decisions truly affect 0:44 the financial lives of all Americans, 0:46 not just the spending decisions we make as consumers, 0:49 but also the spending decisions of businesses-- 0:51 about what they produce, how