Question $1$

What is the sequence of events from a rise in the federal funds rate target range to a change in the inflation rate?

$2$ tries left

Other short$-$term interest rates

A$.$ rise within a few weeks, but the long$-$run interest rate rises almost immediately

B$.$ and the long$-$term interest rate rise the same day

C$.$ rise the same day, but it takes a few months for the supply of loanable funds to decrease

D$.$ rise the same day, but it takes a few months for the supply of loanable funds to increase