Join IDNLearn.com and become part of a knowledge-sharing community that thrives on curiosity. Join our knowledgeable community and get detailed, reliable answers to all your questions.

1. What action should the Federal Open Market Committee (FOMC) take if it
sees signs of inflation rising above 2% and believes inflation will continue to
rise if it takes no action?
2. Explain how the action you suggest will work to control inflation.