Chairman Powell and the Federal Reserve have been inflation hawks for a while now, but what does that actually mean? This new activity will help explain (with answer key).

Federal Reserve Chair Jerome Powell held a press conference Wednesday in which he announced the Federal Reserve would once again be raising interest rates another 0.75%. If it feels like you've seen this somewhere before, it's because you have--it's the same thing the Federal Reserve decided to do back in September. Check out this new activity that covers what is monetary policy vs. fiscal policy, being an inflation hawk vs. a dove, and the key elements of Chairman Powell's press conference:

• ECON: Federal Reserve November Press Conference Activity
• ECON: Federal Reserve November Press Conference Activity [ANSWER KEY]

Approximately every six weeks, the Federal Open Market Committee (FOMC) of the Federal Reserve meets. One of the policies at their disposal is the setting of short-term interest rates. Given the current economic conditions, the gravity of these meetings have increased significantly. The Fed Chair Jerome Powell meets with the press at the conclusion of the FOMC meetings to answer questions.

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ECON: FOMC November Press Conference Activity

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Did you know that NGPF has an Economics Directory? It categorizes more than 150 NGPF activities into 11 Economics topics. Check it out here. 

About the Author

Ryan Wood

Ryan grew up with and maintains a love for learning. He graduated from the University of Wisconsin-Green Bay with a degree in Business Administration and worked in sports marketing for a number of years. After living in Texas, Colorado, Tennessee, and Minnesota, the call of education eventually brought Ryan back to his home state of Wisconsin where he was a Business and Marketing teacher for three years. In his free time he likes to spend time with his wife and daughter, play basketball, read, and go fishing. Now with NGPF, Ryan is excited to help teachers lead the most important course their students will ever take.