Danmarks Nationalbank may allocate liquidity by auction or conduct bilateral lending transactions with individual counterparties. Such instruments are also used by other central banks in their liquidity management. The modalities of any such loans, including maturities and allocation procedure, will be determined when the loans are offered.
They conclude that the policy tools that the Federal Open Market Committee (FOMC) relied on—"level policy” and “slope policy,” to use their terminology—helped restore the U.S. economy to health and bring it close to the statutory goals of maximum employment and price stability assigned to us by the Congress.