The Federal Open Market Committee (FOMC) meets on March 15-16 this spring. For this meeting the student submits the following information typed (Double spaced, Times New Roman, Justified alignment) in one page.

The Federal Open Market Committee (FOMC) meets on March 15-16 this spring. For this meeting the student submits the following information typed (Double spaced, Times New Roman, Justified alignment) in one page. 1. Summarize the action(s), if any, taken by the FOMC. (i.e. investment purchasing, monitoring of the federal funds rate, etc.) – paragraph 1 2. Explain in your analysis: a. What was the FOMC’s rationale for taking these actions? – paragraph 2 b. What was the immediate effect of the announcement on the following economic indicators and your opinion on why this effect happened: - paragraph 3 i. Dow Jones Industrial Average ii. Interest Rates 1. 3-month Treasury Bill Yield 2. 10-year Treasury Note Yield