R&D from Prepd: The Federal Reserve & Monetary Policy

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This R&D provides resources on the Federal Reserve and its future monetary policy making decisions.  Economists are divided over whether the Fed will raise interest rates in 2016, with some noting that a lower unemployment rate signals a growing economy and the need for a rate hike.  However, others note that the lack of wage growth in the economy and inflation means that the Fed should hold off on a rate hike.  There are also fears that a premature rate hike could create significant global economic problems. The Fed will hold a meeting on September 21 to consider another rate hike, which would be the second since December.

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