What happened to stock prices on the day of the announcement


Problem

Do a news search on the internet about the most recent

Federal Open Market Committee (FOMC) meeting

a. What did the FOMC decide about the interest rate?

b. What happened to stock prices on the day of the announcement?

c. To what degree do you think financial market participants were surprised by the FOMC's announcement? Explain.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: What happened to stock prices on the day of the announcement
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