Monetary Policy Recently, the Federal Term Paper

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" Andrews, 2004)

The Fed has always been most concerned about the economy growing too fast, outpacing real development, than other, more publicly influenced government agencies, which are apt to look upon growth with purely rose colored glasses, as consumers wish to see more jobs and retailers wish to see more immediate short-term sales to generate profits. Also, consumers wish to borrow more money for durable goods.

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and, despite the recent strong economic numbers regarding job growth, "the economy is still showing signs of fragility." There is a fear that "temporary factors," such as seasonal factors and deep discounts offered by makers of cars and other durable goods, rather than permanent and long-lasting improvements in the American economic infrastructure. (Andrews, 2004)

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