Question
What do you think about Federal reserve policymakers? Federal Reserve policymakers are faced with the dueling problems of a contracting economy from covid 19 and
What do you think about Federal reserve policymakers?
Federal Reserve policymakers are faced with the dueling problems of a contracting economy from covid 19 and rising prices as businesses continue to close. This can cause a "perfect storm" known as stagflation. And what to think about monetary policy in today's economy as well as an opportunity to get to know the Chairman of the Federal Reserve and be introduced to a key concept called inflation targeting.
The Federal Reserves' job is not just raising or lowering interest rates solely based upon whether the economy was reaching its inflation target. Other concerns such as the value of the dollar, unemployment, and outsourcing of jobs also come into consideration.
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