The Economics of Money, Banking and Financial Markets 4th Edition by Frederic Mishkin

تمرين 14

Go to http://www.federalreserve.gov/fomc/. This site reports activity by the FOMC. Scroll down to Calendar and click on the statement released after the most recent FOMC meeting. Summarize this statement in one paragraph. Be sure to note what the committee decided to do to the federal funds rate target. Now review the statements from the past two meetings. Has the stance of the committee changed?