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Related Lessons
Lesson: Focus on Economic Data: The U.S. Federal Reserve System and Monetary Policy - March 28, 2006
Focus on Economic Data: The Federal Reserve System and Monetary Policy - December 2001
Following recent Federal Open Market Committee announcements, newspapers across the country have had front-page stories about the most recent Federal Reserve actions to lower interest rates and boost spending and employment in the U.S. economy. The announcements reflect serious concerns with the state and direction of the economy. This lesson is intended to guide students and teachers through an analysis of the actions the Federal Reserve began to take earlier this year in an effort to strengthen the economy. An understanding of monetary policy in action is fundamental to developing a thorough understanding of macroeconomics and the U.S. economy.
Focus on Economic Data: The Federal Reserve System and Monetary Policy - November 6, 2002
The Federal Open Market Committee decided today to lower its target for the federal funds rate by 50 basis points to 1 1/4 percent. In a related action, the Board of Governors approved a 50 basis point reduction in the discount rate to 3/4 percent.
Focus on Economic Data: The Federal Reserve System and Monetary Policy - October 2001
Explore the connection between the economic indicators and real-world issues. These lessons typically can be done in one class period.