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Your assignment is to find a media story about a meeting of the Federal Open Market (FOMC) Committee. This does not need to be a
Your assignment is to find a media story about a meeting of the Federal Open Market (FOMC) Committee. This does not need to be a current meeting, but it must relate to the United States Central Bank (the Federal Reserve). Read the story and answer the following questions:
- What was the date of the FOMC meeting?
- What issues were the focus of the meeting regarding the state of the economy? In particular, were FOMC members more concerned about inflation or unemployment?
- What was the policy decision made by the FOMC? (Tighten, ease, or remain the same?)
- Describe the implications of your answer to question #3 for Federal Open Market policy - that is, the purchases and sales of assets by the Fed?
- Does the article mention any change in expectations about future Fed policy. If so, describe that change.
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