Question
The FOMC met most recently on Nov. 23, 2021. As is the case with all FOMC meetings, the committee released a statement discussing the stance
The FOMC met most recently on Nov. 23, 2021. As is the case with all FOMC meetings, the committee released a statement discussing the stance of monetary policy immediately following the meeting. (a). What is the announced target range for the federal funds rate? (b). Does this represent a change, or a continuation of the previous target range? (c). What are the current FOMC goals with respect to employment and inflation rates? (d). Does the announcement specify what is the maximum employment rate target? (e). What asset purchases does the committee intend to make in the immediate future?
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