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Problem: In the last five years, the Fed has weighed in as an important player in our economic recovery. Through the efforts of Chairmen Bernanke, Chairwoman Yellen and Chiairman Jerome Powell the Board goals were set in motion which would influence the recovery and promote economic stability. In the last two years the economy has been booming.
Required:
Question 1: What, specifically, has the Fed been concerned with?
Question 2: What measures have been taken?
Question 3: Is it concerned about the future? Why?
Question 4: If the Fed says it will raise interest rates, for example, what does that mean?
Question 5: What rates are they talking about?
Question 6: How does this affect you the saver or consumer?
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