Press Interviews Analysis | Instant Homework Solutions
Please provide a synopsis of the attached Fed Chairman’s January 30th 2019 September 18th 2019 January 29th 2020 Sept 19 2020 Please provide an overall summary of the Federal Reserve’s Chair Press Conferences Include in your analysis “The COVID-19 pandemic is causing tremendous human and economic hardship across the United States and around the world. Economic activity and employment have picked up in recent months but remain well below their levels at the beginning of the year. Weaker demand and significantly lower oil prices are holding down consumer price inflation. Overall financial conditions have improved in recent months, in part reflecting policy measures to support the economy and the flow of credit to U.S. households and businesses. ” & also “My colleagues and I have one overarching goal: to sustain the economic expansion, with a strong job market and stable prices, for the benefit of the American people. ” How is this central objective achieved. What was the FOMC’s decision in each case. What is the state of employment and inflation in the US economy. What was the FOMC’s most recent decision. How similar and how different was the press conference of the Fed chairperson after the meeting? Elaborate on at least four subject matters that he presented. Elaborate on at least three pertinent questions that the press asked. Elaborate on the FOMC’s role in setting and implementing monetary policy. Explain the mechanism of a rate cut by the FOMC and its impact, if any, in the US economy. How is the federal reserve trying to effect the financial markets and the economy as a whole? What was its policy prior and what is it after the 2020 pandemic? FOMCpresconf20190130 FED.pdf https://www.federalreserve.gov/monetarypolicy/fomcpresconf20190619.htm https://www.federalreserve.gov/mediacenter/files/FOMCpresconf20190918.pdf https://www.federalreserve.gov/newsevents/pressreleases/monetary20190918a.htm