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Federal Reserve and Inflation

Read the two articles Fed Official Expects Growth and Are Inflation Expectations Rising from the Ashes?
? What exactly is the Federal Reserve?
? Do the effects of natural disasters, such as hurricanes, cause inflation or deflation?
? Who is in charge of the Fed?

The following are the web sites that contain the articles needed.
http://pittsburghlive.com/x/tribunereview/business/s_385893.html and

Thanks for your help.

Solution Preview

Several of these questions can be found on the federal reserve web site, http://www.federalreserve.gov/. The Federal Reserve is the central bank of the United States, responsible for implementing money policy. The Fed was among the first central banks to formally separate itself from the government. Other countries have followed suit, because of the stability and economic growth this arrangement fosters. By not allowing policymakers to control the money supply, the nation avoids the temptation of paying off deficits by printing money which can ...

Solution Summary

Analysis of articles related to monetary policy and inflation