Relationship in monetary policy-national economic activity

Reference no: EM13687266

The Open Market Committee of the Federal Reserve met recently to decide actions regarding monetary policy. One of the twelve Federal Reserve branches has asked you to write an article for its regular newsletter for main business clients. What action did the FOMC take? Explain the relationship among the monetary policy and national economic activity. Describe why the Fed’s action makes sense. OR as an alternative, write an article that is critical of the Fed and describe why the Fed’s monetary policy actions are inappropriate.

Reference no: EM13687266

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