Due Week 8 and worth 200 points

The Federal Reserve offers to the general public numerous publications available at the website of the Federal Reserve Board here.

The Federal Reserve Board testimonies, press releases, monetary policy  reports, the Beige Book, and a variety of other publications offer a  detailed assessment of current economic activity, financial markets, and  the monetary policy tools used to promote economic  activity and preserve price stability.

Go to the website of the Federal Reserve Board at www.federalreserve.gov and  find the section describing monetary policy tools. Explore conventional and non-conventional tools of monetary policy.

Write an eight to ten (8-10) page paper:

Evaluate  the role and effectiveness of the Federal Reserve in stabilizing the  economy since the 2007-2009 recession and its continued  impact on the current state of the economy:

Use data from the Fed publications and other sources to support all of your positions.

In your discussion make sure that you cover:

The monetary policy tools.
The ways in which the Federal Reserve adjusted the tools in response to the financial crisis of 2007–2009.
Based on your research, did the financial crisis of 2007-2009 compromise the independence of the Federal Reserve?
The strengths and weaknesses of using monetary policy versus fiscal  policy when promoting economic activity and preserving price stability.
Based on your research, should the Fed change some of its current  monetary policy targets, such as the 2-percent inflation target?

Required minimum number of academic quality references: 4

Your assignment must follow these formatting requirements:

Use APA formatting and reference style.
Include a cover page containing the title of the assignment, the  student’s name, the professor’s name, the course title, and the date.  The cover page and the reference page are not included in the required  assignment page length.