When the economy began to slow at the start of the new millennium, the Federal Reserve employed another policy used to control the economy, adjusting the federal funds rates. The Federal Reserve is an independent body appointed by the president with the approval of the Senate. Some experts feel that the Fed's monetary policy is geared more toward "satisfying the interests of Wall Street than addressing the needs of workers." Although debate over government's role in the economy will continue, history has shown that Americans must have confidence in the system in order for it to be effective.

Political Science Collection

economy, Federal Reserve, monetary policy, money supply, controlling inflation, sustaining low unemployment, independence of Federal Reserve, Federal Funds rate, public confidence, Economic Policy

American History, American Government and Politics, Civics, Framework for Democracy

Edwards, Mickey (Performer), Hanweck, Ph.D., Gerald A. (Performer), Wilson, Ph.D., William Julius (Performer), INTELECOM Intelligent Telecommunications (Firm)

00:04:03 (HH:MM:SS)

English

Name	INTELECOM Intelligent Telecommunications
Role	Distributor
Telephone	800-576-2988 x122
Address	150 E. Colorado Blvd. Ste. 300, Pasadena, CA 91105
Email	[email protected]

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