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We listed management of expectations as one of the Fed's new unconventional monetary policy tools. Explain what this new policy tool does. Briefly (1-2 sentences)
We listed "management of expectations" as one of the Fed's new unconventional monetary policy tools. Explain what this new policy tool does.
Briefly (1-2 sentences) describe a potential problem of this policy tool.
Lastly, using 2-3 sentences compare this tool to quantitative easing.
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