- Type Learning
- Level Foundational
- Time Hours
- Cost Free
A Citizen’s Guide to Price Stability
Issued by
Federal Reserve Bank of St. Louis
This module describes how economists measure inflation -- a key economic indicator used to measure the health of the U.S. economy and to determine what type of policies the Fed should use to promote a strong U.S. economy.
- Type Learning
- Level Foundational
- Time Hours
- Cost Free
Skills
- Apply an understanding of the price stability to monetary policy
- Explain how the 2020 Framework Update Changed the Fed’s approach to policy decisions
- Explain how the Fed determines whether it is achieving its price stability goal
- Explain how the inflation is calculated
- Explain the role of inflation expectations
Earning Criteria
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To earn this badge you will read content, watch a video, and complete two assessments.
Standards
The most recent version (2010) of the Voluntary National Content Standards in Economics does not align with the Fed’s ample reserves implementation of monetary policy. You can read our recommendations for updating the Voluntary National Content Standards in Economics at https://www.federalreserve.gov/econres/feds/files/2020092pap.pdf