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The news analysis at the beginning of our second lecture on monetary policy (Lecture 12) indicated that Inflation Cooled Slightly, Ojering Some Relief for the

The news analysis at the beginning of our second lecture on monetary policy (Lecture 12) indicated that "Inflation Cooled Slightly, Ojering Some Relief for the Fed." The authors of this headline understand that the Fed has been ________ interest rates in order to __________ investment spending and thus ___________ inflation. a) raising, reduce, reduce b) raising, reduce, increase c) raising, increase, reduce d) lowering, reduce, increase

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