Macroeconomics 12th Edition by Rudiger Dornbusch ,Stanley Fischer,Richard Startz

Exercise 1

Go to www.federalreserve.gov/FOMC, the official website of the Federal Open Market Committee (FOMC) of the Federal Reserve Board. Click on the "Meeting Calendars and Information" link and choose the link to one of the most recent statements from FOMC meetings. What are the factors cited in this statement that determined the FOMC's decision of changing (or keeping constant) its target for the federal funds rate