Reference no: EM13816116
Federal Open Market Committee Presentation
Learners are to research the current value and the expected future changes in the following economic indicators:
- GDP and the rate of GDP growth
- Measures of inflation and consumer prices
- Level of money supply growth
- Discount rate
- Federal funds rate
- Measures of employment and the unemployment rate
- Investment spending by the private sector
- U.S. trade balance
- Value of the dollar on foreign currency markets
- Housing starts
- Retail sales
- Consumer confidence
- S&P 500 Stock Index
- Other variables you believe to be important
Assume your group represents the Federal Open Market Committee (FOMC) and is making a case to the Senate Banking Committee regarding the future direction of monetary policy. Based on your research, develop a PowerPoint presentation (10-12 slides) that addresses each area below. Your discussion should be based on the economic data found above.
Be sure your presentation addresses the following:
1. Review the statistics above. Do not merely cite numbers and values, but identify trends, relationships between the variables, and the significance of each factor in enabling or hindering the Fed from meeting its twin policy goals of promoting full employment and minimizing inflation.
2. Identify and discuss expectations of changes in economic, financial, and international conditions in the near future.
3. From your analysis, identify the three most significant economic problems we currently confront. Also, identify the role monetary policy could play (if any) in resolving these problems.
4. Identify whether the Fed should continue its current pace of security purchases, and indicate what "forward guidance" the Fed should issue now and why? Be specific in answering the question. Forward guidance is the specific language the Fed uses to indicate the direction and extent of their future policy action.
5. Recommend whether the FOMC should rise, lower, or keep short-term interest rates (the federal funds rate) the same. Support your recommendations with your research findings.
|
Current values of the deposit multiplier
: Economists believe that the current values of the deposit multiplier and the money multiplier are widely divergent. Why might these values differ at present? What (if anything) do you think must happen for them to converge once again?
|
|
What should the probation officer recommend
: In the course of the investigation, the probation officer discovers that the husband had served in the U.S. military in Somalia. His military records indicate that while there, his duties involved collecting the dead and the injured to be taken to..
|
|
Events on the market for union labor
: Explain the impact of each of the following events on the market for union labor. Union-produced TV and radio commercials convince consumers to buy domestically manufactured clothing instead of imported clothing.
|
|
What will happen to the flow time per widget
: 1. You are the manager of a widget factory. Production of a widget is currently a two-stage process. The first stage (cutting and planning) takes 3 minutes per unit of input. The output of the first stage is then finished in the second stage that tak..
|
|
Identify role monetary policy could play
: Identify and discuss expectations of changes in economic, financial, and international conditions in the near future - Identify the three most significant economic problem
|
|
Explain how health care organizations use secondary data
: Explain how health care organizations use secondary data as a comparison to internal data.
|
|
Three approaches to aggregate planning
: Joy Manufacturing is considering three approaches to aggregate planning: level production strategy, chase strategy, and constrained chase strategy. The level production volume is set at 4000 units per month. The chase strategy will involve matching..
|
|
Professional staffing solutions within the hospital
: Your duties at 21st Century Solutions Health Care Hospital require you to interface with many different professionals, including physicians, nurses, and allied professionals in various areas of health care. The facility also has a new information ..
|
|
Role in the delivery of quality care
: In your opinion, discuss two of the roles listed above and their role in the delivery of quality care. Identify two professional responsibilities of the chosen roles, and link them to the quality improvement process of improving patient wait times..
|