The Federal Open Market Committee (FOMC) will meet on March 16th and 17th. The results of the meeting can be found in the Press Release from the Board of Governors of the Federal Reserve System which includes Decisions Regarding Monetary Policy 3.Discuss the effect the FOMC's actions (or lack of actions) had on the following: a. The Dow Jones Industrial Average immediately after the announcement. b. The stock market as measured by the Dow Jones Industrial Average (DJIA), on the day before the announcement and the close on the day of the announcement. The Federal Open Market Committee (FOMC) will meet on March 16th and 17th. The results of the meeting can be found in the Press Release from the Board of Governors of the Federal Reserve System which includes Decisions Regarding Monetary Policy 3.Discuss the effect the FOMC's actions (or lack of actions) had on the following: a. The Dow Jones Industrial Average immediately after the announcement. b. The stock market as measured by the Dow Jones Industrial Average (DJIA), on the day before the announcement and the close on the day of the announcement