Objective:
Describe the role of the Federal Reserve in the economy and in regulation of financial services.
Task: In this part of the project, you need to collect data about recent monetary actions. In your report, you need to:
1) Determine the decision-making process and conduct of monetary policy.
2) Analyze how a recommended policy action will affect the economy.
3) Collect data about recent monetary actions.
4) Describe the Fed's actions during the past monetary policy cycle.
5) Analyze the rationale for the Fed's actions.
Deliverable and format:
Two- to four-page report in a Microsoft Word document