Comment on the student's work. Your reply must be between 50 to 100 words. Student's work: The U.S. Federal Reserve's tight monetary policy has impacted inflation, borrowing costs, employment, and the global economy. The goal is to maintain stable prices, with higher interest rates helping to manage inflation. However, higher interest rates could increase borrowing costs, potentially affecting businesses and consumers, and potentially affecting GDP growth. The policy could also obstruct job growth in industries sensitive to interest rate changes, such as construction and manufacturing. Additionally, the policy's decisions can affect the global economy, attracting foreign investments and increasing the value of the U.S. currency