02/24/02 09:28 PM: The Fed

How is everyone doing?

Well, other than the fact I have to figure out when to take two tests this week, I am doing alright. I will be taking on the role of Chicago Federal Reserve Bank President Michael H. Moskow for the purposes of the 2002 Fed Challenge competition. Basically, for those who don’t know, the Fed Challenge is a competition in which teams put together a 15 minute presentation in which they suggest what action the Federal Reserve should take with regard to the Fed Funds rate. Confused? That’s a start. I suggest heading over to the Board of Governor’s site to learn more about this important institution. And no, they did NOT assassinate President Kennedy.