A television report states: "The Federal Reserve will lower the discount rate for the fourth time this year." This report indica

Question

3 years ago

5

A television report states: "The Federal Reserve will lower the discount rate for the fourth time this year." This report indica

tes that the Federal Reserve is most likely trying to:
A. Reduce inflation B. Save the banking industry C. Stimulate the economy D. Improve the savings rate

Business

1 answer:

dem82 [27] · Answer 1 · 2021-12-15T03:21:12+03:00

Answer:

C. Stimulate the economy

Explanation:

According to my research the fact that the Federal Reserve is lowering the discount rate once again indicates that they are most likely trying to Stimulate the Economy. When you use such a stimulus like lowering the discount rate it causes a kickstart in economic growth during a recession which is referred to as Stimulating the Economy.

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