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monitary policy

We are currently in an economic state of transition. The United States has been suffering from an economic recession, and now we are showing some slow positive progress. The Federal Reserve has been utilizing monetary policy to help our economy stabilize and grow. The Federal Reserve has been focusing on inflation and expansion and have been taking measures to help ensure economic stability.
The economy has been rebounding quicker than most of the prognosticators had predicted. Real gross domestic product has increased at an annual rate of 3-1/4 percent in the second quarter of the year. Real gross domestic product has also flourished at a rate of more than seven percent in the third quarter. The labor market which has been weakening has been showing signs of stabilizing. Almost 300,000 new jobs were created over the July-to-October period. Although the economy seems to be improving additional improvement needs to be made before our country's labor and capital resources can be fu...

Posted by: Jessica Linton

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