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The Federal Reserve (FOMC) had been increasing 'interest rates' (Federal Funds Rate) since early 2020, as part of Monetary Policy. This was true till the

The Federal Reserve (FOMC) had been increasing 'interest rates' (Federal Funds Rate) since early 2020, as part of Monetary Policy. This was true till the outbreak of the COVID-19 pandemic. Currently the 'Fed' is planning to increase interest rates at least on three occasions in 2021-2022. Do you think the raising of interest rates in early 2020, and in 2021-2022, to be sound Monetary Policy decisions? Explain.

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