Federal Reserve
REFLECTIVE JOURNAL #8 Write a reflection based on one or more of the following concepts: a. monetary policy (MP) – What have you read or heard in the news that mentions the Fed and how they will deal with the concepts of the money supply and interest rates? What do you know to be true? How could any of these concepts affect you or your family personally? In what way? Are any of the concepts important when it comes to the upcoming election? Be specific. b. the money supply – What have you read or heard in the news that mentions the concept of M1 or M2? What do you know to be true? How could any of these concepts affect you or your family personally? In what way? Are any of the concepts important when it comes to the upcoming election? Be specific. c. interest rates – What have you read or heard in the news that mentions the concept of interest rates? What do you know to be true? How could any of these concepts affect you or your family personally? In what way? Are any of the concepts important when it comes to the upcoming election? Be specific. d. the Federal Reserve – What have you read or heard in the news that mentions the Federal Reserve or the Chair of the Federal Reserve? What do you know to be true? How could the Fed affect you or your family personally? In what way? Are any of the concepts that deal with the Fed important when it comes to the upcoming election? Be specific. e. any other concept mentioned in the class that is currently affecting the banking community – What have you read or heard in the news that mentions one or more of these concepts? What do you know to be true? How could any of these concepts affect you or your family personally? In what way? Are any of the concepts important when it comes to the upcoming election? Be specific.