Question

Imagine you are the policy advisor for the Federal Reserve during this time period. Comparing the graphs during the same windows of dates/years, explain at what point you would implement monetary policy and what would indicate the Federal Reserve to act at this time. Give at least 2 steps the Federal reserve might take to regulate the US economy. *Note- Q1 is January-March of any given year, Q2 is April- June of any given year, Q3 is July- Sept of any given year, and Q4 is Oct- Dec of any given year. When answering, make sure you actually specify the year you are referring to.