Do you believe that the federal reserve should continue

Reference no: EM133460775

Case Study: inflationary measures, as seen through the PPI and CPI are slowing their respective rates of growth. At the same time, we continue to see low levels of unemployment and relatively strong job growth and wage increases to help the value of the real wage, which is still decreasing. However, we saw the real GDP growth rate slow during the first quarter of 2023.

Questions:

a) With all of that said, if you answer this question before 2:00 p.m. on Wednesday, state whether you believe the FOMC of the Federal Reserve should raise interest rates at their meeting this week and explain why or why not. If this is answered after 2:00 on Wednesdat, do you agree with the decision made by the FOMC of the Federal Reserve? Explain.

b) Do you believe that the Federal Reserve should continue to raise interest rates at future meetings, keep them the same, or lower them? Explain your response.

c) There are concerns that the economy, similar to other economies around the world, may experience a recession. Is there any action the federal government should take to help the economy avoid a recession?

d) As was covered a few weeks ago, there is much discussion about the national debt and the debt ceiling. Is the national debt substainable or could the federal government possibly default on its debt? Should the federal government raise the debt ceiling, and if so should changes be made to spending and/or taxes to address the rate at which the national debt is increasing? State a couple of these changes.

Reference no: EM133460775

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