Monetary Policy in Ordinary and Extraordinary Times

Use this resource to prepare to teach about the Federal Reserve in both ordinary and extraordinary economic times.

About a decade ago, the Federal Reserve changed how it implements monetary policy. However, a discussion of the Fed’s new policy tools are often not fully reflected in teaching resources.

In this session of the Econ Lowdown webinars for educators series, content experts Jane Ihrig, Fed Board of Governors, and Scott Wolla, St. Louis Fed, covered the Federal Reserve’s new monetary policy tools including interest on reserves. They also discussed central bank actions amid the COVID-19 pandemic.

This webinar was held Oct. 21, 2020.

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