Focus on Economic Data: The Federal Reserve and Monetary Policy, November 2, 2011
Source: Council for Economic Education (EconEdLink) | Type: Lesson
This lesson focuses on the November 2, 2011, press release by the Federal Reserve System's Federal Open Market Committee (FOMC) on the current Federal Reserve monetary policy goals and actions. Specifically, the lesson reports the target rate for the federal funds rate, set by the FOMC. 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.