Case 1 35 points:

With regard to the United States Central Banking system (The Federal Reserve), address the following issues (Note: if you are using your textbook as a source, Chapter 13 & 15 should be consulted)

• Provide a detailed discussion of the Federal Reserves structure and how it is organized today. This should be 2 paragraphs.
• Discuss the tools used by the Federal Reserve to manage inflation. If the Fed Chief wanted to reduce inflation what specific actions do you think the fed chief would take and why? This should be 2 paragraphs.
• What is the current posture of the Federal Reserve with regard to managing inflation? How does this differ from the past 20 years. Explain WHY this is happening / WHY is it different and do you agree with it? This should be 2-3 paragraphs.

Your submission MUST be in a Word document uploaded into Blackboard. Your name and class section number must be included on your document.

Your case study should use a formal citation format for all sources, and show good paragraph construction for full credit.