Wednesday, April 24, 2024

Federal Reserve Board Kids Web Page
by Federal Reserve
The primary responsibility of the Board members is the formulation of monetary policy. The seven Board members constitute a majority of the 12-member Federal Open Market Committee (FOMC), the group that makes the key decisions affecting the cost and availability of money and credit in the economy.

Federal Reserve

The Federal Reserve Board launched a new kids web page designed to educate middle school students about the Board of Governors of the Federal Reserve System. The new web page is designed in a user-friendly, question-and-answer format to ensure easy navigation and the ability to learn basic information about the Fed.

The new web page (www.federalreserve.gov/kids/) features information about the history, structure, and primary functions of the Federal Reserve; the Chairman of the Board of Governors; and the structure of Federal Open Market Committee. Other highlights include a kids quiz and links to other valuable resources on the Federal Reserve Board's web site.

"The Federal Reserve has a long history of promoting economic education and financial literacy. This new web page provides younger students with a basic approach to the complexities of the Federal Reserve that is both enjoyable and interesting," said Federal Reserve Board Governor Mark Olson.

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