Management of expectations is strategy best defined

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The management of expectations is a strategy best defined? by:

A. lowering the? market's expectations of future? short-term interest rates by paying interest on reserves.

B. keeping the federal funds rate at zero for an extended period to lower the? market's expectations of future? short-term interest rates.

C. lowering the? market's expectations of future? long-term interest rates by decreasing excess reserves.

D. keeping the discount rate at zero for an extended period to lower the? market's expectations of future? long-term interest rates.

Reference no: EM131329701

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