Question: 8 . . . . The Fed will likely announce Thursday that it will buy more Treasury... bonds to lower long - term interest rates

8....The Fed will likely announce Thursday that it will buy more Treasury... bonds to lower long-term interest rates and stimulate economic activity. Yet they warn that uncertainty among businesses and consumers over looming federal government tax increases and spending cuts on Jan. 1 is likely to limit the benefits of any stimulus.
is it monetary policy or fiscal policy?

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