Home Career More interest rate hikes: July Federal Reserve press conference

More interest rate hikes: July Federal Reserve press conference

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The Federal Reserve once again raised interest rates. But what does that mean?

Federal Reserve Chairman Jerome Powell held a press conference today where he announced that the Federal Reserve will raise interest rates by another 0.75%. Check it out newly created activity which covers how interest rates work, personal observations of economic conditions around where you live, how inflation affects households of different income levels, and more!

The Federal Reserve’s Federal Open Market Committee (FOMC) meets approximately every six weeks. One of the policies at their disposal is to set short-term interest rates. In the current economic conditions, the importance of these meetings has increased significantly. Fed Chairman Jerome Powell meets with the press after the FOMC meeting to answer questions.

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ECON: July FOMC press conference

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Did you know that the NGPF has an economic directory? It categorizes over 150 NGPF activities into 11 economic themes. Check it out here.

About the author

Ryan Wood

Ryan has grown and continues to love learning. He graduated from the University of Wisconsin-Green Bay with a degree in business administration and worked in sports marketing for several years. After living in Texas, Colorado, Tennessee, and Minnesota, the need for education eventually brought Ryan to his home state of Wisconsin, where he worked as a business and marketing teacher for three years. In his free time, he likes to spend time with his wife and daughter, play basketball, read, and go fishing. Now, thanks to NGPF, Ryan is excited to help teachers deliver the most important course their students will ever take.

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