The Federal Reserve has taken steps to deal with the current economic conditions, suchas lowering the federal funds rate ranging from 0% to 0.25% to lower borrowing costs for peopleand businesses. In an effort to get the Treasury and mortgage-backed securities markets backto normal operation, it has also started buying huge amounts of debt securities through theprocess known as quantitative easing. The Fed used its financial power to help businesses,consumers, investors, and local and state governments while also saying that the majority of itsmembers were expecting higher interest rates in 2022