How is the federal funds rate set


Discussion:

After a review of the CNBC report by Jeff Cox(link below), a Google search on "wall street journal quantitative easing 3" and reviewing other recent sources on monetary policy and thinking about how money is created:

source: https://www.cnbc.com/id/101406674

Announced last fall: The Federal Reserve ended the monthly bond buying policy in October.

Consider the following: After the Federal Reserve's aggressive expansionary monetary policy including the bond-buying "QE3" began September of 2012, do you agree with the Fed's latest stance to end expansionary Monetary policy (end bond buying in October)? Will there be any effect on GDP? on Inflation? The stock market? Hint: Think about: How is the federal funds rate set? What is central to the Fed's internal debate?

Are you in favor of, or opposed to "ending expansionary monetary policy," and why/why not? Remember, the Fed oversees the entire monetary system of the US. Take into consideration what is happening in Texas, North Dakota, West Virginia, as well as Oregon as you frame your respo

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