Quiz: How Much Do You Know About the Federal Reserve?
When checking out The Market each week, you might have read mentions of the Federal Reserve, the U.S. central bank that makes some major decisions affecting the economy.
For instance, at the end of last year, the Fed combined forces with the central banks of five other countries to help save Europe’s economy, causing stock markets to surge. The Fed has also been a major topic of discussion when looking at the real reasons we got into a recession a few years back.
To test your knowledge of the Federal Reserve, take our quiz below! Then, sign up for The Market for your weekly cheat sheet on the economic events that matter to your wallet.
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Find out what the Fed’s “Operation Twist” was earlier this year.
The Fed affects interest rates. Find out why they’ve been keeping them low.
Here’s a basic primer on the Federal Reserve banking system.