CharlesDeutsch '02 made a presentation on honors research he did under the guidance of Ed Gamber, associate professor of economics and business, at the National Conference on Undergraduate Research.
Deutsch, who presented his findings to date at the 16th annual National Conference on Undergraduate Research last weekend, wants to know whether the Fed weighs the rise and fall of the stock market in its decision-making and, for that matter, if it should pay attention to stocks.
According to Deutsch, a lot of the data that the Fed works with take a significant amount of time -- six to 12 months -- to gather, and later those numbers are revised, so board members are basing their policy decisions on snapshots of the economy that may not be completely accurate.
Feeds |
Contact