Task: A borrower's guide to forecasting interest rate by Tom Woodruff
Question 1. What major economic indicators would you examine if you were planning to make a large purchase and needed a loan. Buying a new car, business equipment or a house?
Question 2. Describe how the federal reserve's policy makers can influence interest rates?
Question 3. Do you think prospects for changes in Fed policy would affect your decision to make a purchase that requires fianncing, explain?
Question 4. How can the Federal Reserve influence interest rates in the current economy 2009? What would be a suggestion to slimulate or fix the economy?