Have you started to feel anxious? Bored? Itching in your bedroom, thirsting for new knowledge, feeling the walls closing in? If you have, you’re probably suffering from economics withdrawal syndrome, a common occurrence among teens, with increased risk in those who are taking some form of economics class.
But we’ve got you covered! COVID-19 is no joke, but it has allowed monetary policy to step into the spotlight, with the Fed making huge decisions and changes within the past week to keep our financial system afloat. Discount rate, federal funds rate, open market operations, reserve requirement ratio. If you’ve been missing these terms, check out the articles below to get back into the groove!
- https://theweek.com/articles/901853/feds-15-trillion-intervention-explained
- https://finance.yahoo.com/news/federal-reserve-cuts-rates-to-zero-restarts-quantitative-easing-qe-210001968.html
- https://www.federalreserve.gov/newsevents/pressreleases/monetary20200315b.htm
- https://www.cnn.com/2020/03/15/economy/federal-reserve/index.html
Have fun reading, and stay safe!
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