Question

PLEASE RESPOND.

You are worried that the economy is facing a downturn. What actions can you take using the Federal Reserve?


I'm not sure what to say. Could someone throw some suggestions on how people can use the Federal Reserve to help the economy? I don't really know.

Answer 1

For me, i would increase the saving interest rates.

This will encourage the people to save up their money and reduce the money circulation on the public which will lead to a decrease in Inflation

hope this helps