Description
Federal Reserve Chair Jerome Powell held a news conference following two days of meetings among members of the Federal Open Market Committee. The monetary-policy makers approved a fourth straight interest rate hike at the meeting, raising rates 75 basis points.
7 minutes
Keywords
- Basis Point
- Consumer
- Demand
- Disposable Income
- Economy
- Federal Funds Rate
- Federal Open Market Committee
- Federal Reserve
- Gross Domestic Product
- Inflation
- Interest Rate
- Labor
- Monetary Policy
- Mortgage Rate
- Personal Consumption Expenditures Price Index
- Price Stability
- Supply
- Unemployment
- Wage
Additional Resources
- Primary Source Current Event Video Analysis Handout - Google Docs
- Video Clip: Highest Interest Rate Increase Since 1994
- Bell Ringer: Responsibilities of the Federal Reserve Chair
- Bell Ringer: Evolving Tools of the Federal Reserve
- Bell Ringer: Friedman on Monetary Policy and Positive Economics
- Bell Ringer: Monetary Policy
- Bell Ringer: Role the Federal Reserve
- Lesson Plan: Goals and Tools of the Federal Reserve