The Future Economic Outlook for America

2052 Words8 Pages
The Future Economic Outlook for America according to Federal Reserve Assessments Introduction Although business leaders may not have a crystal ball to help them plan for the future, they do have access to a wide range of Federal Reserve publications that can help identify recent and current trends and what these economists believe will take place in the coming months. Given the lingering effects of the Great Recession of 2008 on the American economy today, identifying the future economic outlook for America using this type of freely available information therefore represents a timely and valuable enterprise. To this end, this paper provides a review of relevant publications to identify the Federal Reserve's current assessment of economic activity and financial markets, its current view about inflation and various monetary tools that have been used to stabilize the economic and prices in recent years. Finally, an analysis of the economic outlook for the next 12- to 18-month period is followed by a summary of the research and important findings in the conclusion. Review and Analysis Federal Reserve's Assessment of the Current Economic Activity and Financial Markets Generally speaking, the Federal Reserve (hereinafter alternatively "the Fed") Board of Governor's current assessment of economic activity across all of the Fed Districts is slow to moderate with the sole exception of the St. Louis District which reported a decline in economic activity (Beige book,
Open Document