read the latest press release from Federal Open Market Committee :

read the latest press release from Federal Open Market Committee : http://www.federalreserve.gov/newsevents/press/monetary/20130320a.htm

a. What is the state of the US economy since the FOMC last met? What specific evidence do they give?
b. What does the FOMC expect with regard to the economy in the future?
c. What inflation rate FOMC is expecting in the future? Why is it a concern?
d. What actions is the FOMC taking? Why?
e. Was the vote to take the actions unanimous? Explain

2.
a. What is quantitative easing? b. There were three different stages of Quantitative easing (called QE1, QE2, and QE3 ) launched by Federal Reserve. Explain each one of them and provide the dates when each started. (this may help a bit http://www.bankrate.com/finance/federal-reserve/qe1-financial-crisis-timeline.aspx) c. What are the risks associated with the quantitative easing?
3.
a. Who was a chairman of Federal Reserve bank during the year you were born?

b. What were the monetary policies implemented by the Federal Reserve during the year you were born? (If you were born during the year where no changes were made, describe the policies implemented a year later)

Comment on the state of the economy that led to those monetary policies during the year you were born.

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