Introduction of new forward guidance for policy rates As for the policy rates, the Bank expects short- and long-term interest rates to remain at their present or lower levels as long as it is necessary to pay close attention to the possibility that the momentum toward achieving the price stability target will be lost.
19  For example, section 10B enhanced the powers of the Federal Reserve to lend to member banks, and sections 13(3) and 13(13) enabled the Federal Reserve to provide short-term credit to a wide range of potential borrowers in specific circumstances.