Did the fomc change the target for the federal funds rate

Assignment Help Microeconomics
Reference no: EM131023138

[Following news of FOMC meetings] Go to www.federalreserve. gov, the Web site for the Federal Reserve Board of Governors, and read the most recent Federal Open Market Committee (FOMC) press release. At the Web site, select "Monetary Policy" at the top of the screen and then select "Federal Open Market Committee" on the far left of the screen. Select "Meeting Calendars, Statement, and Minutes." Finally, scroll down and select Statement for the date of the most recent FOMC meeting. Answer the following questions on the basis of the FOMC press release.

a. Did the FOMC change the target for the federal funds rate? If so, what was the change?

b. On balance, in its statement does the FOMC appear to be more concerned about slow economic growth or high inflation?

c. Did the FOMC change the interest rate paid on bank reserves?

d. Did the Fed announce any other monetary policy actions?

Reference no: EM131023138

Questions Cloud

What do economists call the problem this fan is having : A baseball fan with a Mike Trout baseball card wants to trade it for a Miguel Cabrera baseball card, but everyone the fan knows who has a Cabrera card doesn't want a Trout card. What do economists call the problem this fan is having?
Total value of investment : Briefly explain why the total value of saving in the economy must equal the total value of investment.
Financial intermediaries-provide risk sharing : How does the financial system-both financial markets and financial intermediaries-provide risk sharing, liquidity, and information to savers and borrowers?
How have cognitive models been used to understand the mind : What is a cognitive model, and how have cognitive models been used to understand the mind? Why are sensation and perception important topics to cognitive psychologists?
Did the fomc change the target for the federal funds rate : Did the FOMC change the target for the federal funds rate? If so, what was the change? On balance, in its statement does the FOMC appear to be more concerned about slow economic growth or high inflation?
What did the article mean by another lehman moment : An article in the Economist referred to the "prospect of another Lehman moment." The article noted that: "Governments are once again having to step in to support their banks." What did the article mean by another "Lehman moment"? Why might Europea..
What is a deeper pool of capital : An article in the Economist notes: That securitization caused more subprime mortgages to be written is not in doubt. By offering access to a much deeper pool of capital, securitization helped to bring down the cost of mortgages and made home-owner..
What is the total money supply : What is the total money supply? What is the equilibrium interest rate and What is the equilibrium level of national income
What is the machines net present value : Xavier Co. wants to purchase a machine for $36,800 with a four year life and a $1,000 salvage value. Xavier requires an 8% return on investment.

Reviews

Write a Review

Microeconomics Questions & Answers

  Which outcomes are pareto efficient

Which outcomes are Pareto efficient?

  Draw supply and demand curves for tickets to each of two

on sunday august 19 the detroit tigers and the new york yankees played baseball at yankee stadium. both teams were in

  When gdp is high or increases does it indicate higher income

When GDP is high or increases does it indicate higher income If so when GDP per capita increases why do saving ratios decrease when savings is income induced ie a rise in income increases savings and a decrease in income decreases savings

  The same amount of money to spend

This week Greg bought 5 cans of tunafish at $1 each and 4 packages of pasta at $2 each. Hismarginal utility from tuna is 25 units of utility per can and his marginal utility from pasta is 60 units ofutility per package. Next week he'll have the same ..

  Supply and demand schedules for e-books

The use of E-Books has increased in recent years, especially with the advent of mobile E-Readers. A marketing research firm recently developed the following supply and demand schedules for E-books:

  What is the rationale behind the minimax regret rule

What is the rationale behind the minimax regret rule What are some less formal and precise mehtods of dealing with uncertainty. When are these useful. How does the adverse selection problem arise in the credit-card market. To what complaint does ..

  How to improve one-time additive

A producer of synthetic motor oil for automobiles and light trucks has made the following statement: "One quart of Dynolube added to your next oil change will increase fuel mileage by one percent.

  Differences between four market types

Summarize the differences between the four market types. Provide a general explanation of how business may maximize profit within each market type.

  Analyze economic theories that are germane to provision

What potential solutions would you suggest to your director that might overcome the demographic shift? Analyze economic theories that are germane to your provision of services and identify one theory that might apply to this specific situation.

  Trading, profit and loss account for the year ended 30 june

Trading, profit and loss account for the year ended 30 June 2000. Hire purchase debtors account, Repossessions account.

  For parts a through d of this problem determine whether

for parts a through d of this problem determine whether supply or demand will change only one will change in each case.

  What are the efficiency and equity effects of introducing

Consider two metropolitan areas, one that has many small school districts and one that has only a few large school districts. In a paragraph, what are the efficiency and equity effects of introducing a voucher system likely to differ across these two..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd