Research and review trends in inflation (CPI), interest rates (short and long term), GDP and employment over the last year. Then read the latest speech by the Federal Reserve and answer the following short essay questions. While this is not a paper, you must still properly cite your answer and write in full sentences.
Here are some helpful sites for this assignment:
Inflation and Unemployment: The Bureau of Labor Statistics http://www.bls.gov/cpi/
GDP Growth: The Bureau of Economic Analysis http://www.bea.gov/national/
Interest rates: http://www.federalreserve.gov/releases/h15/data.htm
The yield curve: http://stockcharts.com/charts/YieldCurve.html
The Federal Reserve: http://www.federalreserve.gov/monetarypolicy/default.htm (read the latest FOMC statement and Monetary Policy Report to the Congress; under Reports)
Your total assignment should be 3-7 pages long and submitted in a MS Word document in APA format. Please be as detailed as possible.
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