(Answered) Summarize the fomcs assessment of the overall economy

Engineering

Summarize the FOMC's assessment of the overall economy currently and in the near future.

What did the Fed decide to do in March? What does the Fed expect to do over the next several months?

What is the Fed's inflation target? Is the current inflation rate at, below, or above target? How does this affect the FOMC's current planning?

Do you agree with the Fed's overall reasoning? Why are some observers critical of the Fed's current stance?

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