Write an 8-10 page paper in which you evaluate the role and effectiveness of the Federal Reserve in stabilizing the economy since the 2007-2009 recession and its continued impact on the current state of the economy. In your paper:
Describe the ways in which the Federal Reserve adjusted money policy tools in response to the financial crisis of 2007-2009; assess the success or effectiveness of those adjustments.
Assess to what extent the financial crisis of 2007-2009 compromised the independence of the Federal Reserve.
Analyze the strengths and weaknesses of using monetary policy versus fiscal policy when promoting economic activity and preserving price stability.
Describe one anticipated result or economic consequence of the Fed’s actions and the extent to which it actually occurred.
Describe one unintended consequence (such as economic, social, or political) of the Federal Reserve’s actions.
Use data from the Fed publications and other sources to support all of your positions. Cite at least four academic quality references.
Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.
This course requires the use of Strayer Writing Standards (SWS). The library is your home for SWS assistance, including citations and formatting. Please refer to the Library site for all support. Check with your professor for any additional instructions.
Evaluate the impact of the Federal Reserve on the state of the economy.
View RubricWeek 8 Assignment – The Federal ReserveWeek 8 Assignment – The Federal ReserveCriteriaRatingsPtsDescribe the ways in which the Federal Reserve adjusted money policy tools in response to the financial crisis of 2007–2009; assess the success or effectiveness of those adjustments.57.5 to >51.74 ptsExemplaryThoroughly assessed the success or effectiveness of those adjustments. Thoroughly described the ways in which the Fed adjusted tools in response to the financial crisis of 2007–2009.51.74 to >45.99 ptsCompetentCompetently assessed the success or effectiveness of those adjustments. Competently described the ways in which the Fed adjusted tools in response to the financial crisis of 2007–2009.45.99 to >40.24 ptsSatisfactorySatisfactorily assessed the success or effectiveness of those adjustments. Satisfactorily described the ways in which the Fed adjusted tools in response to the financial crisis of 2007–2009