Question

With the federal funds rate near zero and the economy still​ struggling, the Fed began buying​ 10-year Treasury notes and certain​ mortgage-backed securities to keep interest rates low. This policy is known as

Answer 1

The answer is: Quantitative easing

Step-by-step explanation:

Quantitative easing is a type of monetary policy in which the central bank purchases predetermined quantity or amount of government securities or other financial assets to increase the supply of money, encourage lending and investment and inject liquidity into the economy. It is a unconventional monetary policy which is used when the standard expansionary monetary policy is ineffective and during low or negative inflation.

Therefore, the given policy is known as Quantitative easing.