Reference no: EM131215856
Write a short essay in 650 words.
• Describes and analyzes the background for the 9/20-9/21 FOMC meeting, and your prediction for what the FOMC will decide at that meeting
a) Questions #1 and #2 from Web Questions #1 and P. 302-12 in the text. Make sure you know: the regional banks, the Board of Governors, the FOMC.
b) Recent FOMC documents including:
• Yellen's June 21, 2016 Report to Congress (see class lecture 3 slides)
• The national summary of the September 7, 2016 Beige Book (posted on the Fed's website on 9/7/16 at 2 PM)
• The last (July 27, 2016) FOMC statement.
• "Fed Chairwoman Yellen Sees Stronger Case for Interest-Rate Increase,"
• I am dividing the associates into four groups. Each group will focus on the decision made by one of the four District Bank Presidents who will be voting on the FOMC statement.
group 4: Kansas City: President Esther George
Group specific materials to be used in preparing the report
• The September 7, 2016 beige book section for your assigned district bank.
• One newspaper article about the economy within YOUR Federal Reserve District.
• The most recent speech on the economy by YOUR District President.
Topics to be examined in your report
1. Do you believe that the President from your District is more concerned about the FOMC raising the fed funds rate target too quickly or too slowly in 2016?
2. Did the assessment of the economy in the September 7 Beige Book indicate a change from the assessment of the national economy in the FOMC statement on July 27, 2016.
3. Based on YOUR District's Biege Book and your newspaper article, do conditions in your own District reflect the national picture? Are conditions in your particular Federal Reserve District ready for a fed funds rate increase?
4. Did the President from your district dissent from the July 27 statement? Would she/he dissent if the rate is not increased in September? Would he/she dissent if the rate is increased at that time?
5. Finally, do you favor increasing the fed funds target in the September meeting? Would you also favor raising it a second time in 2016 (perhaps in December)?
Read attached files for more information:
Attachment:- Fed Chairwoman Janet Yellen Sees Stronger Case for Interest.rar
Attachment:- New FOMC voters in 2016.rar
|
Write down independent families of characteristics for pde
: MAP 6108 Mathematical Modeling Assignment. Write down two independent families of characteristics for the pde. For the initial condition U = e1-x + x2 on the initial curve y = -x, determine the number of solutions for the IVP. Your method of determin..
|
|
Impact of microfinance on poverty rates
: EC 320: Economics of Less-Developed Regions - Describe a difference-in-difference procedure to estimate the impact of microfinance on poverty rates. What will you measure? When? What will the treatment group(s) and control group(s) be?
|
|
The budgeted beginning cash balance
: Bigfoot Chasers Inc., is working on its cash budget for July. The budgeted beginning cash balance is $24,000. Budgeted cash receipts total $118,300 and budgeted cash disbursements total $115,000. The desired ending cash balance is $41,400.
|
|
Gross social security payments from the federal government
: Patrick was born August 31, 1948 and worked as a hardware engineer at JCN Corporation, his taxable wages (after 401k deductions, etc.) is $37,000 for 2015. Patrick received $23,000 in gross social security payments from the federal government. You n..
|
|
Describes and analyzes the background for the fomc meeting
: Describes and analyzes the background for the FOMC meeting, and prediction for what the FOMC will decide at that meeting.
|
|
Describe a major theme of the movie you have selected
: Describe a major theme of the movie you have selected using evidence from the movie itself as well as course resources and other scholarly sources to support your position.
|
|
What are the core skills and knowledge you hope to acquire
: What are the core skills and knowledge you hope to acquire by completing a degree in this major and how do you plan to apply these when you graduate?
|
|
Discuss transfer-pricing issues-computer equipment division
: The Consulting Division of IBM Corporation is often involved in assignments for which IBM computer equipment is sold as part of a systems installation. Discuss the transfer-pricing issues that both the Computer Equipment Division manager and the Cons..
|
|
What is the current through each bulb
: Six light bulbs are connected in parallel across 120 V. Each bulb is rated at 75 W. What is the current through each bulb, and what is the total current?
|