Describe the newsworthy event, What happened

Question

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Marymount University Interest Changes by The Federal Reserve Paper

The Event should be related to FINANCIAL ECONOMICS. like maybe related to bitcoin or central banks or interest rates.

Identify one or more news stories describing the event or its repercussions. You can also cite others’ analysis (blogs, editorials, etc.) in your analysis.

  1. Describe the newsworthy event. What happened? Where did it happen? What caused it? Were there identifiable individuals or groups of individuals who took action (e.g., regulators, central bankers, employees (executives or directors) of a company, etc.)?
  2. Why do we care? Who should be concerned about (or will be affected by) this news? Will there be winners and/or losers? Explain.
  3. Incorporate in your answer to (2) or make explicit here how this event relates to class discussions? What have you learned this semester that relates to and helps you better understand this event and/or its consequences?
  4. In short, explain what happened, what caused it to happen and the consequences as though you were explaining to a friend who is intelligent, but less familiar with financial markets and institutions than you are.

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