- CFA Exams
- CFA Level I Exam
- Topic 2. Economics
- Learning Module 4. Monetary Policy
- Subject 2. Monetary Policy Tools and Monetary Transmission
CFA Practice Question
To achieve its objectives, the Federal Reserve has selected as its monetary policy tool the ______.
A. interest rate on short-term U.S. government securities
B. federal funds rate
C. monetary base
Explanation: This is the same choice as that made by most other major central banks.
User Contributed Comments 0
You need to log in first to add your comment.