Fed Policy Quick Challenge

Test your knowledge about Federal Reserve policies and economic indicators!

The Federal Reserve aims for an annual inflation target of %.

A landing refers to slowing economic growth without causing a recession.

The monthly jobs report is officially called the Situation Summary.

When unemployment is low and job growth is strong, the Fed typically interest rates to cool the economy.

The Federal Open Market Committee (FOMC) meets times per year to discuss monetary policy.

Strong job growth can lead to wage increases, which may contribute to higher .

Results