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Direct linkIhrig, Jane; Wolla, Scott – Social Education, 2020
The Federal Reserve (the Fed) is the central bank of the United States. It has a congressional mandate to promote maximum sustainable employment and price stability. In normal times, the Fed seeks to achieve this mandate by setting the position or "stance" of monetary policy, primarily by managing the level of short-term interest rates.…
Descriptors: Public Agencies, Federal Government, Economic Climate, Employment
