By reviewing the Federal Reserve Web site and/or other relevant resources, refer to the latest 2 changes to the discount rate and federal 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?

Reference

Board of Governors of the Federal Reserve System. (2016, October 11). Selected interest rates (daily) - H.15. https://www.federalreserve.gov/releases/h15/data.htm