Question is being asked from 2016 perspective

3% QUESTION 2 Part 1: What is the current fed funds target rate? Part 2: When might it be raised? O 1.25-1.5% ; Only gradually depending on conditions in the labor market and inflation developments. O 2.25 - 2.5% ; When inflation moves fully back towards 2% over the medium term. O 0-0.25% ; In late 2019. O 2% ; In late 2019. QUESTION 3