Write at most three pages discussing the Federal Reserves decision to possibly raise interest rates in the United States.
Your paper should answer all of these questions
o What is the current state of monetary policy in the United States?
o Why are interest rates currently so low?
o What is the purpose of increasing interest rates?
o What are some of the tradeoffs of raising interests?
Make sure to thoroughly explain the economic concept(s) you use. I need to see that you have a clear understanding of the concepts you are writing about
Make sure to cite your references
Failure to follow APA format will result in a 10% penalty in your grade
Make sure to have at least three paragraphs (introduction, body, conclusion)
This is a Gordon rule course if you do not turn in all of the essays you cannot receive a passing grade in the course
Do not cite Wikipedia, Investopedia, or any online blogs.