The US Financial Market Student’s Name Institutional Affiliation Date What are the best goals for the Fed? Why? The FED has various goals which the US Congress put in place in 1946 Employment Act. The goals were also outlined in Balanced Growth and Full Employment Act of 1978(Flannery,Hirtle, & Kovner, 2017).These goals include: Stabilizing the financial system-The reason for this goal is to ensure a stable financial system where potential homeowners can access mortgages, a business can easily be financed, and students can obtain loans among other responsibilities. Fighting inflation through price stability-inflation may pose a threat to the economy. Therefore, Fed always tries to...
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