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Federal Reserve
Title: Federal Reserve
Category: History
Details: Words: 993 | Pages: 4.2 (approximately 235 words/page)
Federal Reserve
The U.S. Economy was affected in many ways by the numerous tax rate cuts; the affects include the stock market, manufacturing, retail sales, unemployment, U.S. consumer confidence, and rumors of wars.
The Fed’s goal is to make money more available to consumers, who drive two-thirds of America’s economy, and keep them spending. Most economists think the terrorist attacks of September 11, pushed the U.S. Economy, already weak after a year-long slowdown …showed first 75 words of 993 total…
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…showed last 75 words of 993 total…expenditures price index inthe GDP report, which analysts say the Fed watches more closely. This means rates can still fall some distance before “real” or inflation-adjusted rates hit zero. (Cnnmoney, 10/02/01)
Recipe of sudden economic and stock market recovery: mix a hearty dose of American patriotism with a smashing military victory; blend in the best mortgage rates in four decades and zero per cent new-car financing. And the flags still seem to be flying almost everywhere
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