2014 FOMC Meetings Essay Example | Topics and Well Written Essays - 3000 words

2014 FOMC Meetings - Essay Example After discussion and questions from the Bank presidents, the report is then ratified. The next stage is board’s staff representation where the board’s director gives a forecast; it is discussed and the bank presidents raise questions where necessary. Bank presidents then provide an overview of the economic conditions in their areas followed by the governors giving their national outlook. Agenda number two is about the monetary policy and domestic policy directives. Board Director of Monetary Affairs Division outlines different scenarios of the monetary policy, participants’ discuss them and then the chairperson summarizes and proposes any wordings to be made in the policy statements. Next, the participants have their lunch as they present the latest developments in Congress on the banking legislations of importance to the Federal Reserve. At exactly 2.15 p.m., an announcement is made regarding any change in the discount and federal funds rates. The announcement is made as a promotion to openness in banking. When FOMC meeting ends, the Chair of Fe deral Reserve gives a press statement to give out the decisions made. The January press statement shows some improvement in economic activities as well as improved labor markets. Unemployment rates have reduced, and there is an increasing household spending trend. Business investments have also improved which is believed to have stimulated the improved economic activities. The existing fiscal policy is seen to be pulling down economic activities, but it is losing its strength with time. With reduced unemployment rates, the committee sees a risk of inflation though it will be maintained at the committee’s objective of 2%. In the statement, the committee confirms that the target rate for the funds will remain to be 0 to 1/4 percent if the unemployment rate will stay 6-1/2 percent. However, the inflation rate is expected to be above the committee’s objective

Compare and contrast Essay Example | Topics and Well Written Essays - 500 words - 3

Compare and contrast - Essay Example As this is a new induction in the particular market of the geographic domain so the word ‘Introduction’ has been written in a bold type so as to make people aware that the car is a new one and must be looked at by all and sundry. Also the advertisement shows the car with a man (human element) at the top portion of the advertisement while the body copy is fitted in the bottom half where one smaller photograph of the said car is pasted. In the body copy of the advertisement, the car’s features have been detailed so as to make a reader get noticed about them. The background of the whole advertisement has been kept as black and on that the font color for both the tag line and the copy is white with shades of bold type in the heading portions. The name of Renault with its model ‘Le Car’ has also been put at the very bottom of the print advertisement so that the balance is retained within the advertisement and a person is made aware of the company when he t ries to exit his mind and eye from the print advertisement. The body copy has discussed the car’s different features, its performance, fantastic ride, its being the city car as well as its price thus offering the potential customers of the car a complete package in the whole print advertisement. This second advertisement is of Alpine car audio systems in which a $125,000 Lamborghini has been shown in the center of the print advertisement. This is also a magazine advertisement as the body copy is more than in a usual newspaper advertisement, which relies more on artwork and slogan (the tag line) than anything else. The advertisement has detailed the body copy at the bottom in a two-column format where its details have been provided but the font size is too small for an on-looker to see from a distance and comprehend. It is only when a person closely reads the advertisement that he gets the point that what is there in the advertisement for him or her. As the