For example, recently some have proposed that the Fed be used to provide revenue to fund specific government initiatives, which amounts to quasi-  15  See the Summary of Economic Projections submitted in conjunction with the September 2015 FOMC meeting, an addendum to Board of Governors (2015). 16  See Federal Reserve Transparency Act of 2015, H.R. 24, 114 Cong.
The accommodative monetary policy stance of the Bank over the past few years has certainly helped to prop up household consumption expenditure. Household consumption expenditure has been the main driver of growth, making the largest contribution of 2,8 percentage points to growth in GDP during 2010.