Summarizing

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Written Article: Summarize the most recent FOMC minutes to better understand Monetary Policy and the effects on the macroeconomy. FOMC minutes are available on the Fed’s website:
1. https://www.federalreserve.gov/monetarypolicy/fomc...

Tags: microeconomics econmics

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MINUTES SUMMARY

Date: March 19, 2019
Location: Washington, D.C, in the offices of Board of Governors
Time: Tuesday, 10.00 A.M- Wednesday, 9.00 A.M
Present members: Jerome H. Powell, Chair
John C. Williams, Vice Chair
Michelle W. Bowman
Lael Brainerd
James Bullard
Richard H. Clarida
Charles L. Evans
Esther L. George
Randal K. Quarles
Eric Rosengren

AGENDA
Monetary Policy and the effects on the macro economy in federal open market committee.
1. Balance sheet normalization
In relation to previous meetings, the participants agreed that it was appropriate for the committee to provide additional information in regards to its
plans for the size of its security holdings and the transition to the longer run operating regime. In the January meeting, the committee stated that it

intended to continue with the implementation of the monetary policy in a regime, where ample supply of reserve ensures control over the level of the
federal funds rate and other short term interest rates. The deputy manager however, provided an over...

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