To what degree do you think financial market participants


Do a news search on the internet about the most recent

Federal Open Market Committee (FOMC) meeting

a. What did the FOMC decide about the interest rate?

b. What happened to stock prices on the day of the announcement?

c. To what degree do you think financial market participants were surprised by the FOMC's announcement? Explain.

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Econometrics: To what degree do you think financial market participants
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