A New Frontier: Monetary Policy with Ample Reserves (Page One Economics)
The Federal Reserve conducts the nation’s monetary policy to promote maximum employment and price stability through the federal funds rate. The May 2019 issue of Page One Economics reviews the previous framework for monetary policy, and then describes the Federal Reserve’s new strategy for influencing the federal funds rate and the broader economy.
Teachers: Visit the Reading Q&As in our Econ Lowdown Teacher Portal to find the teacher edition for this issue, to assign an online version of the student materials and to collect student scores on the questions. The materials are still free—but having them in the portal keeps students from accessing the answer key.
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