Focus on Economic Data: The Federal Reserve and Monetary Policy, May 1, 2013
Source: Council for Economic Education (EconEdLink) | Type: Lesson
This lesson focuses on the May 1, 2013, press release by the Federal Reserve System's Federal Open Market Committee (FOMC) on the current Federal Reserve monetary policy actions and goals, and specifically, the federal funds rate target. This lesson is intended to guide students and teachers through an analysis of the actions the Federal Reserve is taking and can take in influencing prices, employment, and economic growth. Through this lesson, students will better understand the dynamics of the U.S. economy, current economic conditions and monetary policies.
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