Determine the most significant monetary policy that the Federal Reserve Bank has been responsible for implementing in the past 12 months and the resulting impact on the U.S. economy.

• Analyze how the U.S. monetary policy affects the global economy.

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Federal Reserve Bank Monetary Policy

Federal Reserve Bank (Fed) is responsible for monetary policy, which ensures price stability, and controls the market’s supply of money. During inflation, the monetary policy reduces liquidity and increases it in a recession to stimulate economic growth. In the last 12 months…