Question
After every policy meeting, the Fed issues a statement (sometimes called the press release), which you can find on the Fed's website: (http://www.federalreserve.gov/monetarypolicy/fomccalendars.htm). Read the
After every policy meeting, the Fed issues a statement (sometimes called the press release), which you can find on the Fed's website: (http://www.federalreserve.gov/monetarypolicy/fomccalendars.htm).
Read the most recent statement. (Be sure you are reading the FOMC press release).
What does it say?
What is the Fed doing?
Why?
What do you think about the Fed's recent policy decisions?
To answer these questions, you might find a reading of Chairman Powell's recent Congressional testimony useful. After your initial post, please feel free to comment on your classmates posts and enter into discussions with them on specific points.
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