how to influence macroeconomics
because macroeconomics is such a broad area positively influencing the economy is challenging and takes much longer than changing the individual behaviors within microeconomics therefore economies need to have an entity dedicated to researching and identifying techniques that can influence large scale changes in the u s the federal reserve is the central bank with a mandate of promoting maximum employment and price stability these two factors have been identified as essential to positively influencing change at the macroeconomic level to influence change the fed implements monetary policy through tools it has developed over the years which work to affect its dual mandates it has the following tools it can use 3the fed continuously updates the tools it uses to influence the economy so it has a list of many other previously used tools it can implement again if needed 4