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Focus on Economic Data: The Federal Reserve and Monetary Policy, October 29, 2014
Source: Council for Economic Education (EconEdLink) | Type: Lesson

This lesson utilizes the October 29, 2014, statement of the Federal Reserve's Federal Open Market Committee (FOMC) to explore the Federal Reserve's twin goals of price stability and full employment. This lesson discusses the recent announcement of the end of the QE3 bond buy-back and the rationale and implications of this decision.

Grades:

• 9-12

Concepts:

• Central Banking System
• Federal Reserve
• Monetary Policy
• Money Supply
• Tools of the Federal Reserve

Standards:

• Economics 10: Role of Economic Institutions
• Economics 11: Role of Money
• Economics 12: Role of Interest Rates
• Economics 15: Growth
• Economics 18: Macroeconomy-Income/Employment, Prices
• Economics 20: Monetary and Fiscal Policy

Related Resources:

• Focus on Economic Data: Federal Reserve and Monetary Policy, September 17, 2014
• Principles of Economics
• Focus on Economic Data: Federal Reserve and Monetary Policy, January 27, 2010

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