In your own words, describe the current economic situation and the policy response of the FOMC. If you were a voting member of the FOMC, agree with this decision? Explain your answer.

Go to the FOMC meeting (Links to an external site.) website: (Links to an external site.) https://www.federalreserve.gov/monetarypolicy/fomccalendars.htm Read the statement from the most recent meeting. In your own words, describe the current economic situation and the policy response of the FOMC. If you were a voting member of the FOMC, agree with this decision? Explain your answer.