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students will prepare a short essay pertaining to an aspect ofthe Federal Reserve. From your readings this week, you recognizethe role of the Federal Reserve and its impact on monetary policyand interest rates, influence on the stability of the U.S.financial system, and its role in establishing monetary policy andfiscal policy for the U.S. economy. In addition, actions anddecisions made by the Fed and the Board of Governors impact theoverall global economy, especially with respect to market interestrates, inflation, and economic activity.For your essay, explore one of these characteristics in depth.Provide a brief analysis essay (400 words) on your topic, andcross-referenced using the textbook and one additional primaryreference source. Briefly introduce the character and focus thebulk of your essay on describing the topic impact on one or morekey stakeholders. Stakeholders include individual investors,investment firms, global businesses and trade, and U.S.corporations. Use qualitative and/or quantitative data to providesupport for your essay. Identify your reference sources in APA