By reviewing the Federal Reserve website and/or other relevant resources, refer to the latest 2 changes
to the
discount rate and federal funds rate target made by the U.S. Federal Reserve and discuss the following:
How did the stock market indices react to these changes?
How did long-term U.S. Treasury bond yields react to these changes?
What happens to borrowers, savers, investors, and bank profits inside and outside the United States as
these
rates change?
Related references to use:
http://www.federalreserve.gov/releases/h15/data.htm
https://apps.newyorkfed.org/markets/autorates/fed%20funds
http://www.bloomberg.com/quote/FDFD:IND
https://www.frbdiscountwindow.org/
http://www.federalreserve.gov/monetarypolicy/discountrate.htm
Sample Solution