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Education and Consumer Resources

Monetary Policy: Part Art, Part Science

Monetary Policy: Part Art, Part Science is a free video-based series that accompanies the Monetary policy starts in your own back yard curriculum. The video series describes how interest rates are determined as part of the broader Monetary Policy curriculum. The full curriculum illustrates how economic forecasting, combined with "grassroots" economic intelligence gathered from the boards of directors of the twelve Reserve Banks, contributes to the Federal Open Market Committee's formulation of national monetary policy.