Conduct of Monetary Policy Report of the Federal Reserve Board Pursuant to the
Conduct of Monetary Policy Report of the Federal Reserve Board Pursuant to the
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To quickly assess the difficulty of the text, read a short excerpt:
A few weeks ago as you appeared before the Budget Committee on which I sit, we had a brief interchange about the international exchange rate of the dollar, at which point you indicated you didn't have a lot that you could say.
I appreciate the comments you made today. I apologize I had to step out of the room a few minutes to deal with an issue back in my home district, so I didn't hear other responses you may have had, but there seems to be some confusion, at least on the part of many people I... represent, about the dollar and the exchange rate of the dollar. And when the dollar is high, the reports from govern- ment are usually that the dollar is very strong, that it is very bad for foreign trade we get flooded with imports. Our exports are too costly, that slows down our economy. Therefore, we need to do something to intervene to lower the value of the dollar.
81-438 - 94 - 2 14 On the other hand, when the dollar is low, we are told the argu- ment that you have made that this is now injuring our economy.
What to read after Conduct of Monetary Policy Report of the Federal Reserve Board Pursuant to the?
You can find similar books in the "Read Also" column, or choose other free books by Finance United States Congress House Committee On Banki to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
A few weeks ago as you appeared before the Budget Committee on which I sit, we had a brief interchange about the international exchange rate of the dollar, at which point you indicated you didn't have a lot that you could say.
I appreciate the comments you made today. I apologize I had to step out of the room a few minutes to deal with an issue back in my home district, so I didn't hear other responses you may have had, but there seems to be some confusion, at least on the part of many people I... represent, about the dollar and the exchange rate of the dollar. And when the dollar is high, the reports from govern- ment are usually that the dollar is very strong, that it is very bad for foreign trade we get flooded with imports. Our exports are too costly, that slows down our economy. Therefore, we need to do something to intervene to lower the value of the dollar.
81-438 - 94 - 2 14 On the other hand, when the dollar is low, we are told the argu- ment that you have made that this is now injuring our economy.
What to read after Conduct of Monetary Policy Report of the Federal Reserve Board Pursuant to the?
You can find similar books in the "Read Also" column, or choose other free books by Finance United States Congress House Committee On Banki to read onlineMoreLess
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