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Economics, 15/e
Campbell R. McConnell, University of Nebraska, Emeritus
Stanley L. Brue, Pacific Lutheran University
Chapter 15 Monetary Policy
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Web-Based Questions

Web-Based Questions


  1. Web-Based Question: Current U.S. interest rates Visit the Federal Reserve’s website at www.federalreserve.gov and select Research and Data, then Statistics: Releases and Historical Data, Selected Interest Rates (weekly), and Historical Data to find the most recent values for the following interest rates: the Federal funds rate, the discount rate, and the prime interest rate. Are these rates higher or lower than they were 3 years ago? Have they increased, decreased, or remained constant over the past year?


  2. Web-Based Question: The Federal Reserve annual report Visit the Federal Reserve’s website at www.federalreserve.gov and select Testimony and Speeches and then Monetary Policy Report to the Congress to retrieve the current annual report (in Adobe’s PDF format only). Summarize the policy actions of the Board of Governors during the most recent period. In the Fed’s opinion, how did the U.S. economy perform?






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