Current events: Read the latest Federal Reserve FOMC statement and answer the fo

Question

Current events: Read the latest Federal Reserve FOMC statement and answer the following questions.

http://www.federalreserve.gov/newsevents/press/monetary/20141029a.htm

What is the Federal Reserve

Current events: Read the latest Federal Reserve FOMC statement and answer the following questions. What is the Federal Reserveas statutory mandate? What program did the Federal Reserve end this month? Was this program increasing the money supply or decreasing the money supply? What is the current target interest rate for the Federal Reserve? When will they change there current target interest rate? What is the Committeeas long run inflation target?

Explanation / Answer

a.Employment and price stability is the Federal Reserve

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