Current Events - 9/19/25

What is the primary purpose of the US Federal Reserve?

• To manage the national debt.

• To stabilize the nation's banking system.

• To print all US currency.

• To regulate international trade.

What is the intended effect of the Federal Reserve lowering its key interest rate?

• To increase the cost of borrowing money.

• To discourage consumer spending and business investment.

• To stimulate the economy by making borrowing cheaper.

• To reduce the national unemployment rate directly.

Which of the following indicates a slowing US economy?

• An increase in the number of jobs added compared to forecasts.

• A decrease in the unemployment rate.

• A rise in inflation and fewer jobs added than expected.

• Stable prices and high consumer spending.

What is a key indicator of a potential student aid scam?

• The website address ends in ".gov".

• The application requires an upfront payment or credit card number.

• The aid is offered by a well-known financial institution.

• The communication comes from the US Department of Education.

What is the Federal Reserve (The FED) and why is it important?

Sentence Starter: The Federal Reserve is _____ and its important because ________.