Our Federal Reserve’s main duty is to monitor our fiscal and monetary policies. When the Federal Reserve lowers the interest rate in a recession or a weak economy in an effort to try and stimulate economic growth. Thus, on November 6, 2002, Alan Greenspan has, as the Chairman of the Federal Reserve Board, lowered interest rates an additional 0.5%, bringing it to a benchmarking 1.25% short-term interest rate, the lowest its been since 1961 (Berry par 2). As a result of the surprising half point decrease, the Dow Jones Industrial Average finished up 92.74 points at 8771.01. The broader S&P 500 climbed 8.37 to 923.76. The tech-heavy Nasdaq rose 17.82 to 1418.99 (Osbourne par 1). Already posing a positive impact on the stock market, it

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