Accomodating monetary policy 100 no credit card needed online dating sites
The FOMC then embarked on a series of large-scale asset purchase programs to reduce longer-term interest rates.
By December 2015, the unemployment rate had come down to 5 percent and there had been considerable improvement in a broad range of indicators of labor market conditions.
A monetary policy in which a central bank sets low interest rates so that credit is easily attainable.
This makes borrowing easy for business, which stimulates investment and expansion of operations.
Accommodative monetary policy occurs when a central bank (such as the Federal Reserve) attempts to expand the overall money supply to boost the economy when growth is slowing (as measured by GDP).