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