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Visit the federal reserves web site at

THE FEDERAL RESERVE ANNUAL REPORT

Visit the Federal Reserve's Web site at www.federalreserve.gov, and select Monetary Policy. Then click on Reports and then Monetary Policy Report to the Congress to retrieve the current annual report (Sections 1 and 2).

Summarize the policy actions of the Board of Governors during the most recent period. In the Fed's opinion, how did the U.S. economy perform?

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