How fed should ease policy to stimulate the economy

Reference no: EM13241483

Suppose that economic conditions worsen and the Fed considers easing monetary policy. But before the Fed can act, the president's chief economic advisor holds a press conference and states that the Fed should ease its policy to stimulate the economy. Does this statement make easing the policy less or more di¢ cult for the Fed? Why?

Reference no: EM13241483

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