Sample Essay on:
Economic Condition of the United States and Monetary Policy Recommendation

Here is the synopsis of our sample research paper on Economic Condition of the United States and Monetary Policy Recommendation. Have the paper e-mailed to you 24/7/365.

Essay / Research Paper Abstract

This 6 page report discusses the fact that currently U.S. enjoy low interest rates, low unemployment, low inflation, and an expanding economy, and confidence is high and the fact that booming U.S. economy may be approaching a historical turning point. The writer examines economic conditions in the Federal Reserve's District Twelve and reviews the regional and national impact of international factors on both that District and the U.S. in general. A specific monetary policy is recommended for the Federal Reserve's June meeting. Bibliography lists 6 sources.

Page Count:

6 pages (~225 words per page)

File: D0_BWfomc.rtf

Buy This Term Paper »

 

Unformatted sample text from the term paper:

talent that cannot be learned. The student researching monetary policies, the nations economic status, and decisions of the Federal Reserve Bank System should understand that, in reality, accurate analysis and forecasting can be learned . . . as long as one is motivated enough and patient enough to pay careful attention to the details involved in the trends, cycles, patterns and other behaviors. Basically, there are three major approaches associated with analyzing and recommending monetary policies - fundamental, technical, and psychological. Each has its own unique strengths and each has the potential to lead to a greater understanding of the other two. The successful application of fundamental, technical, or psychological analysis is the result of following well-proven procedures with effective tools that have been proven to serve as reliable indicators in monetary policy formulation. The use of an effective systematic approach distinguishes exercising basic knowledge from occasional good luck. "Luck" is certainly a factor upon which no monetary policy should rely. According to Ait-Sahalia (1998), the best choice for employing an appropriate analytical approach must be in the determination of where various monetary strategies and adjustments serve as the best response to one another. U.S. Economic Conditions in 1999 The student formulating a monetary policy recommendation should be aware that currently, U.S. enjoy low interest rates, low unemployment, low inflation, and an expanding economy, and confidence is high. Thus, with the cost of borrowing low and prospects of repaying their debt high, may have added on more debt. The somewhat higher debt levels also may relate to the fact that even in todays booming economy, wage growth had been flat and only recently has begun to rise. As Smith ...

Search and Find Your Term Paper On-Line

Can't locate a sample research paper?
Try searching again:

Can't find the perfect research paper? Order a Custom Written Term Paper Now