By reviewing the Federal Reserve Web site and/or other relevant resources, refer to the latest 2 changes to the discount rate andfederal funds rate target made by the U.S. Federal Reserve and discuss the following:

• How did the stock market indices react to these changes?
• How did long-term U.S. Treasury bond yields react to these changes?
• What happens to borrowers, savers, investors, and bank profits inside and outside the United States as these rates change?
• Deliverable Length: 600-800 words