Finding and interpreting government statistics to evaluate the economy. Look at The Fed Monetary Policy or the most recent news release from the Federal Reserve. Note the numbers are in thousands. This means 230,895 is 230,895,000. Add three zeros, when appropriate, to the end of the numbers you read. For all questions that need a time period, use the two most recent months. 1. What does the Federal Reserve think about inflation? ie high, low, increasing, decreasing etc. 2. Briefly summarize the Fed's "Statement on Longer-Run Goals and Monetary Policy Strategy". 3. What did you find most interesting from #2? 4. What is the Fed's current monetary policy? 5. The policy from #4, how long will the Fed use this policy