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Wednesday, May 27, 2020   
 

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.
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 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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