Illustrate the stated direction of recent monetary policy

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Reference no: EM1326907

U.S. Federal monetary policy

1) What does U.S. Federal monetary policy attempt to solve and how, i.e., what three tools does the Federal Reserve use to affect these changes?

2) What is the stated direction of recent monetary policy? What recent actions have the Federal Reserve taken to confirm that direction?

3) Who is Ben Bernanke? What is his role in the Federal Reserve? What are his prerequisites for this position? How would he be compared and contrasted to his predecessor?

4) Are monetary policy actions or fiscal policy actions bettered suited to correct the problems they attempt to solve? And why?

Reference no: EM1326907

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