During a depression or recession, which of the following is most likely to happen to interest rates?
A. The Federal Reserve Board will likely lower interest rates.
B. The Federal Reserve Board will likely raise interest rates.
C. Interest rates will likely decrease decrease as the Federal Reserve Board increases inflation rates.
D. Interest rates will likely rise as the Federal Reserve Board decreases inflation rates.

Depression is a mental disorder that causes persistent feelings of sadness, emptiness, and loss of joy, loneliness, It is different from the mood fluctuations that people regularly experience as a part of life. Depression is an in process, not a passing one. It consists of episodes during which the symptoms last for at least 2 weeks. Depression can last for several weeks, months, or years. For many people, it is Trusted Source a chronic illness that gets better and then relapses.

Causes of depression?

There are many possible causes of depression sometimes, various factors combine to trigger symptoms like genetic features, changes in the brain’s neurotransmitter levels, environmental factors such as exposure to trauma or lack of social support, psychological and social factors.

What are federal reserve?

Federal Reserve is a central banking authority of the United States. It acts as a fiscal agent for the U.S. government, is custodian of the reserve accounts of commercial banks, makes loans to commercial banks, and oversees the supply of currency, including coin, in coordination with the U.S. Mint. The system was created by the Federal Reserve Act, which President Woodrow Wilson signed into law on December 23, 1913.

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