The St. Louis Fed will soon release a new tool for educating the public about the structure and responsibilities of the Federal Reserve.
An animated DVD version of the popular publication In Plain English—Making Sense of the Federal Reserve takes viewers on a tour from the Fed's Board of Governors in Washington, D.C., to the boardroom of the FOMC and across the country to a Reserve bank. Buck, the narrator, discusses the Fed's roles in providing financial services, conducting monetary policy, and regulating and supervising banks.
The 20-minute free DVD will be available this summer to bankers, schools and any other organization interested in providing training on the basics of the Federal Reserve. More information will be available in the next issue of Central Banker. Additional economic education resources—as well as the web-based version of In Plain English—are also available on the Fed's public education web site at www.federalreserveeducation.org.