Question
For this question, give me reasons as to why the Fed decided to maintain the federal funds rate at the current rate of 0 -
For this question, give me reasons as to why the Fed decided to maintain the federal funds rate at the current rate of 0 - 0.25% over the 16 - 17 March 2021 FOMC meeting. I want to know where you would look at that would help you make a decision on what the Fed should do. I do not want a laundry list of items...I want three and ONLY three items selected. Be specific...give me actual items/data/reports that you would look at, what these items tell you, AND why you that data helps you make your decision. No, you cannot use the coronavirus pandemic as an item, though I anticipate that it will be a major influence on the items that you choose.
Link for help:
https://www.federalreserve.gov/monetarypolicy/fomccalendars.htm
You may use minutes as well as the statement from March 16 -17 meeting.
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