Chat with us, powered by LiveChat respond to the 2 peersActivities of the FedUse the - Writemia

respond to the 2 peersActivities of the FedUse the

respond to the 2 peersActivities of the FedUse the Wall Street Journal menu link to find a recent article related to activities of the Federal Reserve. Alternatively, your source may be any other business periodical (e.g., Forbes, BusinessWeek, The Economist) with an article that contains relevant information. Consider the Fed activity described in the article in the light of the four major goals listed below:Conduct national monetary policySupervise and regulate banking institutions Maintain financial system stabilityProtect financial institutions and consumers Provide a link or reference to the article. Then respond to the prompts below:Briefly summarize the key points of the articleWhich of the four goals listed above does the Fed’s activity from the article aim to promote? NOTE: It may aim to address more than one of the listed itemsDo you believe that the Fed’s activity succeeded in promoting those goals? Why or why not?Have these actions of the Fed directly affected your company or workplace? Why or why not? peer #1 https://www.wsj.com/articles/bank-branch-closings-weigh-on-rural-communities-fed-finds-11574722948?mod=searchresults&page=1&pos=7The article I chose from the Wall Street Journal is “Bank Branch Closings Weigh on Rural Communities, Fed Finds – Poorer residents and large minority populations are reported to be particularly hard hit.” Key points of the article focus on the closing of banks in several US counties; most of these bank closings are in rural communities with poorer residents or large minority populations and Federal Reserve researchers are urging policy makers to “jointly identify potential partnerships and shape strategies and policies to strengthen access to financial services in deeply affected communities” (Hayashi, 1). This article focuses on protecting financial institutions in small rural and minority communities and the consumers and small businesses who utilize those institutions – with the greatest impact on small businesses in these communities with reduction of their access to credit needed to grow their operations.I believe the Fed is actively promoting the rescue of these financial institutions to policy makers, as the loss of banking branches in rural and minority communities could have much broader implications for the consumer and small businesses who could face reduced access to credit and any source of financial advice or assistance locally within their community (Hayashi, 1). I could not find any other information of the outcome of this research at this time.This action of the Fed to promote the security of local banking institutions in small rural and minority communities does not currently affect my company. Though there have been some bank closings in the county, there are many local banking institutions to provide the community and small businesses with financial services. Marta RetzlerReferences:1. Yuka Hayashi. 2019. The Wall Street Journal. Bank Branch Closings Weigh on Rural Communities, Fed Finds – Poorer residents and large minority populations are reported to be particularly hard hit.peer #2The article “America’s New Emphasis on Fiscal Policy” provides information regarding the efforts of the Federal Reserve to lift the interest rate by 0.25% by 2017, with a section of economic analysts questioning the feasibility of the research finding. President Trump pledged to boost the country’s economy following Janet Yellen’s doubts about the ability of the U.S government to grow by 2% annually (Holmes, 2017). Unfortunately, reports indicate that the decisions by the American president to promote the regional economy had negative consequences on the well-being of the American residents.Fed’s activity succeeded in promoting all of its four primary goals. One significant responsibility of the Federal Reserve is to help in stabilizing the economy of the United States. Increasing the interest rate by 0.25% was aimed at ensuring that the United States recover from the stock market rally during President Obama’s eight years of governance (Holmes, 2017). The proposed fiscal policy by the Fed not only aimed at maintaining the financial system stability but also the remaining three objectives.I believe that the Fed’s activity did not succeed in realizing the four goals. The content of the article confirms that the United States residents suffer adverse consequences following the various decisions and actions by President Trump and his administration to boost the region’s GDP. However, the steps taken by the Federal Reserve to enlighten the public is the initial step to begin promoting the region’s economy (Holmes, 2017).The actions of the Fed have directly affected my workplace. The content included in the article confirms that the dollar lost its ground following the announcement that the Fed lifted the interest rates by 0.25% (Holmes, 2017). Therefore, it is correct to conclude that the Fed’s activities impact our financial success.ReferenceHolmes, F. (2017, March 20). America’s New Emphasis On Fiscal Policy. Retrieved from https://www.forbes.com/sites/greatspeculations/2017/03/20/americas-new-emphasis-on-fiscal-policy/#7152c2e443d6

Do you need an answer to this or any other questions?

About Writemia

We are a professional paper writing website. If you have searched a question and bumped into our website just know you are in the right place to get help in your coursework. We offer HIGH QUALITY & PLAGIARISM FREE Papers.

How It Works

To make an Order you only need to click on “Place Order” and we will direct you to our Order Page. Fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.

Are there Discounts?

All new clients are eligible for 20% off in their first Order. Our payment method is safe and secure.

Hire a tutor today CLICK HERE to make your first order