11. In a paragraph, no bullet, points please answer the question and follow the instructions. Give only the solution: Use the Feynman technique throughout. Assume that you’re explaining the answer to someone who doesn’t know the topic at all.  Why is determining the precise interest rate target so difficult for the Fed?

Economics (MindTap Course List)
13th Edition
ISBN:9781337617383
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter13: The Federal Reserve System
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11. In a paragraph, no bullet, points please answer the question and follow the instructions. Give only the solution:

Use the Feynman technique throughout. Assume that you’re explaining the answer to someone who doesn’t know the topic at all. 

Why is determining the precise interest rate target so difficult for the Fed? 

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