Why is consumer confidence important

Reference no: EM131973012

Question: The Fed has become significantly more transparent in the past few decades than when it was first created. Why have they become more transparent? How does transparency play a role in consumer confidence? Why is consumer confidence important when considering monetary policy? List two potential pros and two potential cons of increased transparency in the Fed.

Reference no: EM131973012

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Why is consumer confidence important : The Fed has become significantly more transparent in the past few decades than when it was first created. Why have they become more transparent?

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