Economics Question? - Freemason Hirams Travels Masonic Forums

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02-28-2008, 02:17 PM

chpstckdrpkck

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Economics Question?

What will the Federal Open Market Committee do with the Federal funds rate at their March 18, 2008 meeting? (This is an EXTRA CREDIT question. Submit it by one-minute-to-midnight, Monday, March 17. You'll get 10 points extra credit if your intelligent guess turns out to the right.)

1. The FOMC will reduce the Federal funds rate by one-half point or more.

2. The FOMC will reduce the Federal funds rate by one-quarter point.

3. The FOMC will leave the Federal funds rate unchanged.

4. The FOMC will increase the Federal funds rate by one-quarter point.

5. The FOMC will increase the Federal funds rate by one-half point or more.

*please only answer if you are remotely sure

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