Monetary Policy
Federal Reserve Chair Powell explains monetary policy and the role the Federal Reserve.
Description
Federal Reserve Chair Powell explains monetary policy and the role the Federal Reserve.
Bell Ringer Assignment
- What is the purpose of monetary policy?
- What should monetary policy take into account?
- How does it differ from fiscal policy?
- Explain the significance of the Federal Reserve acting independent of direct political control.
- Explain the outcome of when the Federal Reserve adjusts the target range for the federal funds rate.
- What tools have changed since 2007?
Additional Resources
Participants
Vocabulary
- Ample Reserve
- Dual Mandate
- Federal Funds Rate
- Fiscal Policy
- Interest Rates
- Scarce Reserve