Topical Analysis (Accounting, Finance, SPSS Essay)
his is your first of (3) short essays. You you are asked to provide a written response to an open-ended question inspired by a WSJ article. Below are the article name and pdf file, a brief quote from the article, your essay question, and finally the formatting details from the syllabus.
Quoted from the article The Fed Lays Out New Goals.pdf
"The Fed's new framework codifies two important changes. First, it effectively raises the Fed's inflation target by saying the central bank should take past misses of the 2% target into account and seek periods of moderately higher inflation to compensate.
Second, officials won't raise interest rates simply because unemployment rates fall below a level estimated to put pressure on prices. In doing so, they have set aside the consensus that guided central bank policy following the runaway inflation of the 1970s."
Your Question:
Do you agree with the Fed's new goals? You can discuss either or both goals as you see fit.
Details from the syllabus:
Students should write a (500) word analytical response to the questions which incorporates short quotes and facts from WSJ articles and applying concepts learned in class. Responses should show a clear plan of execution, be analytical, and cite several (at least 3) recent WSJ articles. You are free to use WSJ articles not assigned in class. This is an analytical exercise where there are no explicitly correct or incorrect answers but an opportunity to apply what you learn from the lecture material on current and real economic issues.
Each response should be double-spaced with a size 12 font style Arial, Courier, or Times Roman.Points are deducted for blatant spelling, grammatical, or formatting mistakes, but grading is based on the response’s analytical thought, structure and execution. Students are highly encouraged to use a free online writing tool (Grammarly, Slickwrite, etc.) before submission to avoid point deductions.
DOC or PDF format.
Professor’s Name
Course
Date
Topical Analysis
The Federal Reserve recently decided to codify modifications to its policy structure to attain high inflation periods. Unfortunately, the current rate of unemployment is 10%, and therefore, policymakers do not expect that the policy changes will boost economic growth. The COVID 19 pandemic has devastated the vast swaths of commerce. The regress of the current crisis portrays that the central bank will be required to depend on tools that boost the economy, although they might be less potent than before. Since March 2020, the federal government has portrayed its ability to obviate financial challenges by implementing newer emergency frameworks (Timiraos 1). The Fed instigated two significant modifications. For instance, it focuses on increasing inflation by indicating that the central bank should implement the previous misses of the 2% target and compensate them with moderately higher inflation periods. Moreover, the officials cannot raise interest rates because the unemployment rates are below a level that would reduce pressure prices. As a result, the fed officials have agreed on implementing the implemented framework during the 1970s to recede inflation.
The Federal’s new goal is significant. However, it will not effectively help resuscitate the economy because the federal has already reached a period of spontaneous decreasing returns. For instance, the United States economist indicated that the process to re-examine the Federal’s strategy denotes success as it showcases how the investors in the country expected Fed to react to a recession before the economic shock caused by the coronavirus pandemic. According to Timiraos (1), the Federal reviewed its framework and reinforced its expectations of lowering the rates for an extended period. The combination of the Fed’s long-term and overnight ra...
👀 Other Visitors are Viewing These APA Essay Samples:
-
Sufrin Lecture: FASB's Conceptual Framework Reflection Paper
2 pages/≈550 words | No Sources | MLA | Accounting, Finance, SPSS | Essay |
-
Textbook Travails (Accounting, Finance, SPSS Essay)
1 page/≈275 words | No Sources | MLA | Accounting, Finance, SPSS | Essay |
-
Analysis of Sorzal Distributors
3 pages/≈825 words | No Sources | MLA | Accounting, Finance, SPSS | Essay |