Reading Assignment

ECON 2313-003

Spring 2019

Extra Credit Assignment

April 3, 2019

You can add up to 6 points to your (high) exam score by completing this assignment. You are to

the read the Minutes of January 29-30, 2019 Meeting of the Federal Open Market (FOMC) and

answer the following questions:

1. Who is the current Vice-Chairman of the FOMC?

2. Provide a summary of “Participants’ Views

3. What target range for the federal funds rate did the FOMC establish in its Domestic

Policy Directive to the New York Fed? Does this directive involve a change in course with

respect to FED policy?

4. Who voted for the directive? Who voted against? On the Current Conditions and the

Economic Outlook.”

Please submit your work in-class on Wednesday, April 10.