Reference no: EM132841023

The Federal Reserve System has multiple audiences ranging from the president to businesses to academicians and each individual or organization will have its own set of goals. Needless to say, no action taken by the Federal Reserve System will please all of its stakeholders.

A. Give a brief description of the Federal Reserve System.

B. List a minimum of 3 different types of people, groups, companies, or agencies that have an interest in the activities of the Federal Reserve.

[Example: Boeing Aerospace Company.]

C. State why each of the 3 groups listed above is interested in the Federal Reserve and what type of action each would like taken by the Federal Reserve.

[Example: Boeing designs and manufactures expensive equipment like planes, satellites, and missiles that require large financial investments. Therefore, Boeing would be concerned about the interest rates that financial institutions charge when the company has to borrow money to buy resources and equipment to manufacture its products. Boeing also knows that low interest rates would make it easier for customers to borrow money to purchase Boeing products. The company would want the Federal Reserve to set its rate low.]

D. Read a recent communication of the Federal Reserve.

1. Cite your article.

2. What is the information that is being communicated?

3. To what audience is the communication directed?

E. What is your analysis of the Federal Reserve's communication in the article you selected? Answer the following and give an example for each.

1. Is it clear?

2. Is it written to make the news palatable whether the news is good or bad?