CNN.com monetary PM gives us some answers.

Thanks,Carl.

 

The Federal Reserve is the nation's central bank and its main job is to try and keep the economy floated by doing two central things. One,it tries to make sure that the inflation doesn't get out of control so that you don't have to be paying a lot for thing like gas and food and what it's also trying to do is to make sure that there are in most men of people working as possible, as it's wants to try to keep the  unemployment is low.How the federal reserve does this is the monetary interests rate.That's a key interest rate that it can raised or lower.It's very important  because it helps to detect  how much consumers pay for things like students' loans,mortgages or credit cards.The problem the FED has for  years is that it's lowered this key rate to zero,pretty much to zero.

 

In December,2008 it was the financial crisis a few years ago.So it has to try a bunch of other kind of creative things to get rates even lower  than where they are now.A lot of people think that the FED is grasping its chaos.They don't have much left they can  actually do help the economy because the rate is already low.It's not the people complaining about their high rate on their mortgages or  they can't get that much lower and a lot of people in the financial markets,they feel that the FED  just can't really do much to help the job marker this point.

 

Just facts.

 

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