Locate the section for Monetary Policy and the section for Monetary Policy Report to the Congress, from the U.S. Federal Reserve
Write a word paper on the U.S. Federal Reserve monetary policy that addresses the following points:
Define the purpose and function of money.
· Explain how the central bank manages a nation monetary system.
Outline the stated direction of recent monetary policy in the United States.
· List at least one policy action that the Federal Reserve has taken to confirm that direction.
Explain the effects of monetary policies on the economy production and employment.
