When Was the Last Time the Fed Used a Quantity

question 66

Essay

When was the last time the Fed used a quantity target? What was the reason it was selected and what was the result?

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Definitions:

Emotionally Affected

Experiencing an impact on one's mood or feelings due to an external event, situation, or interaction.

Predict

The act of stating or estimating that a specified event will happen in the future based on existing data or patterns.

Affective Forecasting

The process of predicting one's emotional state in future circumstances.

Anxiety

This is a feeling of worry, nervousness, or unease, typically about an imminent event or something with an uncertain outcome.