Classroom Activity to Accompany the Fed Explained Infographic

Fed Explained image

Created by Congress in 1913, the Federal Reserve, the U.S. central bank, is responsible for overseeing the nation's monetary system, ensuring the safety and soundness of the U.S. banking and financial system, providing financial services to depository institutions, and serving as the fiscal agent for the U.S. government. This infographic highlights the basics about the Fed's structure and functions and the Federal Open Market Committee, its policymaking body. It also presents aspects of the Fed's role as lender of last resort, the importance of its independence, and the goal of transparency.

Lesson Components