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1.) The current mission of the Fed is to influence the ability of people to get money and credit in order to help promote economic goals. The current members of the FOMC are as follows – Ben S. Bernanke, Board of Governors Susan Schmidt Bies, Board of Governors J. Alfred Broaddus, Jr., Richmond Roger W. Ferguson, Jr., Board of Governors Edward M. Gramlich, Board of Governors Jack Guynn, Atlanta Donald L. Kohn, Board of Governors Michael H. Moskow, Chicago Mark W. Olson, Board of Governors Robert T. Parry, San Francisco Thomas M. Hoenig, Kansas City Cathy E. Minehan, Boston Sandra Pianalto, Cleveland William Poole, St.
Approximate Word count = 405
Approximate Pages = 1.6
(250 words per page double spaced)
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