Increased Stress and Anxiety The financial strain caused by high housing costs and rising food prices can lead to significant stress and anxiety for individuals and families. Constant worry about making rent or mortgage payments, coupled with the struggle to afford basic necessities, creates a state of chronic stress. This stress can have various negative health outcomes, including sleep disturbances, cardiovascular issues, and weakened immune systems. For lower-income households, the pressure is even more intense, often leading to severe mental health issues such as anxiety disorders and depression. Sense of Insecurity and Instability Housing and food insecurity contribute to a pervasive sense of instability. When people are unsure if they… Read More
Continue ReadingEnhancing Federal Reserve Accountability and Economic Stability
Executive Summary The Federal Reserve System (the Fed) manages the U.S. money supply and monetary policy to ensure economic stability. Key functions include setting reserve ratios, adjusting the discount rate, and conducting open-market operations. These actions impact interest rates, inflation, and employment. The Fed operates independently but faces political influences. Key Points from the University of Delaware Overview Structure and Independence: The Fed is composed of a Board of Governors, Federal Reserve Banks, and the Federal Open Market Committee (FOMC). While it operates independently from Congress, its decisions can be influenced by political and economic considerations. This structure is designed to balance independence with accountability but also leads to potential… Read More
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