Just How Powerful is the Fed Chair?
Objective
Teachers will be able to:
– Explain how the tools of the Federal Reserve are used to influence monetary policy.
– Judge the power of the Chair of the Federal Reserve Bank.
– Evaluate how the Fed’s tools are used to alter interest rates, aggregate demand and the inflation rate.
Standards
This video is available to view for EconEdLink members only.
In this economics webinar, teach the tools and functions of the Federal Reserve, and how much influence the Chair has.
Description
Many people assert that the Fed Chair is one of the world’s most powerful people, but to what extent is this true? In this webinar, teachers will learn to bring monetary policy to life by engaging students in interactive simulations and discussions related to the Federal Reserve’s tools of monetary policy.