Transparency in Federal Reserve Policy

Multiple Choice

Transparency in Federal Reserve policy

A) is a relatively recent phenomenon that tends to mitigate uncertainty in financial markets and leads to more effective monetary policies.
B) is a relatively recent phenomenon that tends to exacerbate uncertainty in financial markets and leads to less effective monetary policies.
C) has been in place since the Federal Reserve was formed.
D) has never been a hallmark of U.S. monetary policy.