Written by Eileen Davenport
Inflation. Interest rates. Monetary policy. Rate hikes. The Fed. The FOMC. Cryptocurrency. What exactly do these words mean, and how will it affect you? These are some of the terms that many people use, but not everyone understands. The Federal Reserve Bank of St. Louis has websites that outline and explain these concepts with brief papers on how these ideas affect the economy. Open Vault explains economics in general terms, adding context to the market concepts that affect our lives every day.
Designed for teachers but useful for anyone with an interest in the subject, Econ Lowdown has resources on personal finance and economics. The lesson plans are designed for K-college teachers, but clear definitions and real-world applications make the content here useful for anyone who wants to learn more. You can learn at your own pace, and keep up-to-date with the latest updates on timely topics through the monthly Page One Economics newsletter.