summry

The Federal Open Market Committee (FOMC) of the Reserve System meets tight times a year (about every six weeks) to assess the state of the economy and to decide what actions the central bank should take regarding the conduct of open market operations and interest rates. The minutes of these meetings are released three weeks after each meeting; however, a brief press release is made available immediately after the meeting. Find the schedule of minutes and press releases for all of 2014 at 

http://www.federalreserve.gov/monetarypolicy/fomccalendars.htm 

For each 2014 FOMC meeting date, you should start by providing a summary of the press-release statement. Then, below that provide a detailed summary of the meeting minutes.

Following the eight FOMC meeting summaries (Parts a and b of the assignment), provide a comparison to three other world central bank actions for 2014 (Part c of the assignment).Use 12 point font, 1.5 line spacing, and normal one inch margins.

Go to http://www.bis.orB/cbanks.htm and select three central banks of importance. Review that bank's