Financial Institutions and Markets

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By reviewing the Federal Reserve website and/or other relevant resources, refer to the latest 2 changes
to thediscount rate and federal funds rate target made by the U.S. Federal Reserve and discuss the following:How did the stock market indices react to these changes?How did long-term U.S. Treasury bond yields react to these changes?What happens to borrowers, savers, investors, and bank profits inside and outside the United States as
theserates change?Related references to use:http://www.federalreserve.gov/releases/h15/data.htmhttps://apps.newyorkfed.org/markets/autorates/fed%20fundshttp://www.bloomberg.com/quote/FDFD:INDhttps://www.frbdiscountwindow.org/http://www.federalreserve.gov/monetarypolicy/discountrate.htm

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