Upload
john-a-martino-jr
View
104
Download
3
Embed Size (px)
Citation preview
The Federal Reserve Challenge
Agenda
Current Economic Conditions
Financial Markets
Source: Federal Reserve Bank St. Louis
Labor Markets
Inflation
Consumption
Investment
Sources: Dept. of Commerce : Census Bureau
Net Exports
Government
• Real State & Local Government purchases are down 2.5% from third quarter of 2008.
• Creating strain on labor force and causing adverse effects on GDP.
• Projected 2011 stimulus, $135 billion, is one-third of actual 2010 stimulus, $404 billion. (Congressional Budget Office)
Forecast
Forecast
Risks
Risks
Recommendation
Monetary Policy to Remain Accommodative
Questions?