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Textbook Site for:
Macroeconomics , Fifth Edition
William Boyes, Arizona State University
Michael Melvin, Arizona State University
Internet Exercises
Minutes of the Federal Open Market Committee


Read the most recent posted minutes of the Federal Open Market Committee.

Questions

  1. What is the date of the most recent meeting available on the web?
  2. How does the FOMC perceive the current start of the economy?
  3. What do they forecast about the future state of the economy?
  4. What are the target growth rates for the money supply (what rate for what definition of money)?
  5. What is the target for the Federal Funds interest rate?
  6. Was there a unanimous vote for the directive? If not, who dissented and why?




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