US economy and expected monetary policy
This assignment asks you to research and analyze the current status of the US economy and expected monetary policy. You are welcome to work in groups, however each person must turn in HIS OR HER OWN WRITING for this Internet assignment.
Based on the information in the October 29, 2014 article, Fed says goodbye to historic bond buying program: 4 key takeaways- by Schuyler Velasco from CSMonitor.com, the course text and two additional articles that you will find, write a 7-10 paragraph essay that covers the following topics:
According to Velasco, what did the Federal Reserve Board of Governors announce and why is it important?
According to Velasco, what are the current economic trends that support the Feds decision?
Find one article from the last two weeks that discusses this same Fed announcement. According to your first article, was the Feds decision the right thing to do right now? Why or why not?
Find a second article from the last two weeks that discusses this Fed announcement. According to your second article, was the Feds decision the right thing to do right now? Why or why not?
What does hawkish mean in this context? How do the three articles compare in the type of support they present for a hawkish monetary policy right now?
Based on what you have read in these three articles, how would you rate the Feds decision and why? Refer to three specific points made in the articles that support your conclusion. What additional information would be useful in more fully evaluating the Feds decision? Why?
Be sure to include a works cited list at the end of your paper.
Be sure to refer to specific passages in the articles and summarize by putting the main points into your own words. In-text citation of sources is preferred, with APA format (https://owl.english.purdue.edu/owl/resource/560/2/ (Links to an external site.)) as one example.
This paper will be evaluated using the following criteria:
How well the essay addresses the questions.
How effectively the essay refers to and uses the ideas in the articles.
How accurate the essay is in explanations.
How clearly the essay presents its explanations and conclusions.
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