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Money and Banking

“The State of the US Economy and the Fed’s Monetary Policy: A Review of 2023 and the First Half of 2024”

Write a paper regarding the US economy and the Fed’s monetary policy during 2023 and the first half of 2024. I recommend that you follow the financial press for important news on the economy and the Fed. Particular attention should be paid to the FOMC meetings (the schedule can be found at http://federalreserve.gov/monetarypolicy/fomccalendars.htm), whether the FOMC changed interest rates, and why. Some examples of economic variables include, but are not limited to, GDP growth rate, unemployment rate, and inflation rate.