Fall19ApEc3006_PS2.docx - Ethan McLaughlin APEC 3006 APPLIED MACRO Problem Set 2 Fall 2019 Due Thursday September 26th This is an individual assignment

Fall19ApEc3006_PS2.docx - Ethan McLaughlin APEC 3006...

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Ethan McLaughlin APEC 3006: APPLIED MACRO Problem Set # 2, Fall 2019 Due Thursday, September 26 th This is an individual assignment. You can discuss with your classmates, but everyone has to write up their own assignment. List the classmates you discussed it with at the bottom of your assignment. Late assignments will not be graded. 1. The Federal Open market Committee (FOMC) met September 17-18. Read at least two articles—from two different sources--about the outcome of the FOMC meeting and answer the following questions. a. Which articles did you read? You can write a citation or embed a link. - results b. When the FOMC decides to “change interest rates,” what they are really doing is changing their target range for the federal funds rate, sometimes called the Fed’s benchmark rate. (That is, they are changing the range in which they want the federal funds rate to be.) At the most recent meeting, what did the FOMC decide
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  • Spring '14
  • McCullough,GerardJohn
  • Federal Reserve, Federal Open Market Committee, federal funds rate

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