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Money & Banking

Money & Banking

Current Events & Pop Culture

Available to teachers only as part of the Money & Banking Teacher Pass

Money & Banking Teacher Pass includes:

  • Assignments & Activities
  • Reading Quizzes
  • Current Events & Pop Culture articles
  • Discussion & Essay Questions
  • Challenges & Opportunities
  • Related Readings in Literature & History

Sample of Current Events & Pop Culture

Monetary Policy

In 2010, the economic outlook was, to say the least, uncertain. Fed Chairman Bernanke spoke about what the central bank could do.

"Federal Reserve Chairman Ben Bernanke told Congress Wednesday the economic outlook remains 'unusually uncertain,' and the central bank is ready to take new steps to keep the recovery alive if the economy worsens…. Bernanke also said record low interest rates are still needed to bolster the economy."

The low interest rates, established in the wake of the financial meltdown, are likely to continue. According to a recent Bloomberg report, Bernanke "is holding to his pledge to keep borrowing costs close to zero at least through late 2014 even after unemployment unexpectedly fell to a three-year low."