Explain the two core objectives of the Federal Reserve in managing the U.S. money supply

1. Explain the two core objectives of the Federal Reserve in managing the U.S. money supply.  Discuss in detail three of the tools that the Fed uses to adjust the money supply to meet these objectives.

First, review the Mayer readings.  Second, read/listen to the following interactives and articles:

St. Louis Federal Reserve Bank Economic Lowdown Podcast Series – Money

Fed Policy Interactive with Graph, Reffonomics

POLICY LAGS, AmosWEB Encyclonomic WEB*pedia (focus on monetary policy)

1. and A. With the Fed’s John Williams: Timing of Rate Rise Is Overrated,New York Times April 16, 2015