Go to the Federal Reserve’s FOMC video press conference on December 14, 2016, located at https://www.federalreserve.gov/monetarypolicy/fomcpresconf20161214.htm. Analyze how much monetary policy affects the bond market and determine if you are in agreement with this strategy. How are monetary policy, the bond market and inflation related? Apply these relationships to advise a small-business owner who wants to start a pension fund for her/his employees. (Students are to provide their own details about the type of small business and employees of that business.)
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