09 Jul Economics 011
Read the linked materials about US monetary policy. Last week, on June 16, 2021, the Federal Reserve Open Market Committee met. Afterwards, Federal Reserve Chairman Jerome Powell held a news conference. Listen to it here: On June 22, 2021, Chairman Powell testified before the US House of Representatives Select Committee on the Coronavirus Crisis. His opening statement is here: The Federal Reserve balance sheet’s evolution over the past 14 years is at For this discussion board assignment please describe the current monetary policy stance of the Federal Reserve and how it has used the monetary policy tools described in your textbook. Discuss the implications of current monetary policy in the aggregate supply-aggregate demand framework. You may find reporting in either the Wall Street Journal, Financial Times, Bloomberg or the New York Times to be useful in addition to the links I provided above. Make reference to the links above, articles and the textbook in your answer.
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