Question

Based on the fomc press release of june 22 2011, how would you classify the fed's current plicy stance

Answer 1

The stance of the fed’s current policy can be classified into the following;

1. Ensuring that monetary policy is conducted in track of dual mandate

2. Ensuring that banking institutions is been supervised and regulated.

3. Ensuring stability in financial system and minimizing risks which is subject to arise in the financial institutions.

4. Ensuring that financial services is rendered to banks such as the foreign financial institutions