What policy actions has the Fed taken to confirm that direction?

Go to the following Fed’s web site( https://www.federalreserve.gov/monetarypolicy/default.htm)
and find the latest Reports.

Click on the Monetary Policy Report to the Congress ( https://www.federalreserve.gov/monetarypolicy/mpr_default.htm) / The Chairman of The Fed Speech before the Congress (the recent Testimony before the Congress.)

From your reading of the most recent report, answer the following questions:

Characterize the state of the economy.
Is the Fed more concerned about inflation or possibility of recession?
What is the stated direction of recent monetary policy?
What policy actions has the Fed taken to confirm that direction?
How those policy actions could affect your potential business decision making?
Expectation:

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