Project description
Go to http://www.federalreserve.gov/monetarypolicy/fomccalendars.htm
and take the last FOMC statement of each year between 2009 and 2014, so you will have 6 statements. Summarize them (for example, what are their main policy announcements, what economic conditions does the committee predict) and report the trend that you recognize; For example, when did they begin to slow down the asset purchases? Why did they do that?
Your report must not exceed 2 pages. The deadline is Aug. 13, 2014 at the beginning of class.
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