We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Fed Acts to Fix Jobs Market - Article Example

Comments (0) Cite this document
Summary
The U.S Federal Reserve has announced some major policy initiatives in order to improve the high unemployment rate in the country and to stabilize the inflation in the economy. According to the program, the Federal Reserve would purchase mortgage-backed securities amounting to…
Download full paper
GRAB THE BEST PAPER
Fed Acts to Fix Jobs Market
Read TextPreview

Extract of sample
Fed Acts to Fix Jobs Market

Download file to see previous pages... Bernanke, Chairman of the Federal Reserve, this move would urge the people to spend more in buying commodities, investments and exports. The Federal Reserve has given its commitment to this program until the job market scenario in the US improves. This move has resulted in heavy investments in the stock market, gold and other such assets and the Dow Jones average for industries reached a new high after a similar rise in 2007. However, this announcement has resulted in a price hike for basic commodities such as oil that has created unease among the people who fear an impending rise in basic essentials.
Though the present program is considerably less compared to the $1.25 trillion and $600 billion bond-buying programs which were launched in 2009 and 2010 respectively, the Federal Reserve has further announced that the current program could be extended to buy agency-mortgage securities and other assets if no major improvement is seen in the job market. Though this move has been criticized as being less aggressive by academics and economists, the central bank chairman has argued that the Federal Reserve is doing its best to stimulate the economy and also the present program could be further extended if and when required. The Federal Reserve has mainly aimed its program on those who have been out of employment and are in need of economic security until they find employment. In his address to the media, Mr. Bernanke noted that the longer people are out of work the harder it is to find another job as their work experience is at stake. The central bank has also announced that it would continue its Operation Twist program through which it would buy treasury bonds amounting to $45 billion every month which will be used to fund the mortgage purchases. And if the economic situation does not improve significantly it has proposed to purchase treasury bonds through money printing in addition to purchasing mortgages. In addition it also plans to keep short-term ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Fed Acts to Fix Jobs Market Article Example | Topics and Well Written Essays - 500 words”, n.d.)
Retrieved from https://studentshare.org/macro-microeconomics/1603368-fed-acts-to-fix-jobs-market
(Fed Acts to Fix Jobs Market Article Example | Topics and Well Written Essays - 500 Words)
https://studentshare.org/macro-microeconomics/1603368-fed-acts-to-fix-jobs-market.
“Fed Acts to Fix Jobs Market Article Example | Topics and Well Written Essays - 500 Words”, n.d. https://studentshare.org/macro-microeconomics/1603368-fed-acts-to-fix-jobs-market.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Marketing - The Luxury Market
Whether fancy watches or a fancy mode of transport, the luxury segment creates a fan following that can easily be described as just plain absurd. It is difficult to fathom what convinces people to overspend to such an extent for products that easily have substitutes in the market that are not so heavy on the pocket.
8 Pages(2000 words)Article
Off-Shoring of White Collar Jobs /Central Planning to a Market Economy:Russia
racy- as, he terms the rule of Putin in Russia, with the economic growth is not correct as there have been no historical precedence which can empirically prove that the autocracy can lead to the rapid economic growth. This paper, however, seems to be a scathing criticism on
2 Pages(500 words)Article
Why Steve Jobs was not a leader
In terms of risk taking, it is evident that Steve Jobs did not want to take risks in relationship with the way that his staff worked. For this reason,
1 Pages(250 words)Article
Market gorvenment analysis
In this context, the conflicts between the private and public interest happen on a daily basis to those who hold positions of trust in public offices. In most times, conflicts arise between a public’s official private interest and public interest. Public officials should
3 Pages(750 words)Article
Dont Expect Job Data Alone to Persuade Fed on Rates
As the author of the article puts it, Ben Bernanke, the Fed Chairman, has assumed that the high unemployment rate, above 6.5 percent, would continue at least until mid-2015. Besides, the unemployment rate for the month of December 2013 is estimated at 6.7 percent and it is quite likely that the targeted unemployment rate of 6.5 percent will be achieved soon.
2 Pages(500 words)Article
Market government
There was a very huge rate of unemployment in the economy. The decline in the level of employment in the country during the phase was extremely steep. Various economists put forward various thoughts regarding the causes of
7 Pages(1750 words)Article
Fish Oil-Fed Mice Have Impaired Resistance to Inuenza Infection
Even though there are few clinical trails on humans involving people infectious disease and (n-3) PUFA, data is equivocal. The study develops confused by the concurrent other immunonutrients inclusion, that is
5 Pages(1250 words)Article
Jobs Roles In Middle East
The economic growth may directly be linked to revenues that are generated from export of petroleum (Gulf Business, 2014). This paper seeks to analyze the job market in the Middle East, specifically focusing on high paying roles,
2 Pages(500 words)Article
Jobs Roles In Latin America
However, the salaries of these personnel remain very high. The number of people pursuing engineering careers has increased tremendously. The well paying engineering job is petroleum engineering. This is because of the lucrative nature of the
2 Pages(500 words)Article
Target market
Restaurants that have discovered how to recognize target audience of customers have a strong prospect of convincing lenders to come to their support. In addition, when a restaurant learns how to differentiate
1 Pages(250 words)Article
Let us find you another Article on topic Fed Acts to Fix Jobs Market for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us