(S (S (BASENP (DT The) (NNP Fed)) (VP (VBZ hopes) (SBAR (IN that) (S (PP (IN by) (S (VP (VBG making) (S (BASENP (PRP it)) (ADJP (JJR cheaper) (S (VP (TO to) (VP (VB borrow))))))))) (COMMA ,) (S (BASENP (NNS people)) (VP (MD will) (VP (VB start) (S (VP (VP (VBG spending) (CC and) (VBG investing)) (ADVP (RBR more))))))))))) (PERIOD .))