Number: RL30354
Title: Monetary Policy and the Federal Reserve: Current Policy and Conditions
Authors: Marc Labonte, Government and Finance Division 
Abstract: Monetary policy plays an important economic stabilization role. This report explains how monetary policy is currently measured and the difficulty with those measures; the goals set for it by the Federal Reserve and the degree to which the goals are being achieved; and the current performance of the economy.
Pages: 14
Date: December 16, 2008