l. The Federal Open Market Committee (FOMC)

about every six weeks to assess the state Of the economy and to determine What actions the central bank should take. The minutes of these meetings are released after the next scheduled meeting _ However, a brief press release is made available immediately schedule nUnutes and press releases at http:/twwv.rederalreserve.

gov/fomc/

a. When was the last scheduled meeting of the FOMC? When is the next meeting?

b. Review the press release from the last meeting What did the committee decide to do about short-term interest rates?

c. Review the most recently published meeting minutes What areas Of the economy seemed to be Of most concern to the eon•unittee members9