Chair The Fed Game Guide

The game puts the player in the role of setting monetary policy as chair of the fed.

Chair the fed game guide.

A monetary policy game. Inflation can be lowered when the federal funds are set higher but this will also temporarily increase unemployment. Or scroll down to learn more about the key variables in the game and how monetary policy influences the u s. A monetary policy game.

Instructions for playing the game. Think you have what it takes to run our country s central bank. Federal reserve bank of san francisco chair the fed economic strategy economic simulation monetary policy interactive game learn how monetary policy works by taking charge of a simulated economy. The president of the united states has nominated you and the u s.

Glenn rudebusch executive vice president director of economic research at the federal reserve bank of san francisco explains the economic model behind chair the fed. Top tips for the fed chairman game. Zoom 5y 10y 15y all. Remember that the fed funds rate is the primary tool for monetary policy and is shown on the game screen green line in the chart area is initially set at 4 rate.

See if you can achieve full employment and low inflation as chair of the fed. Unemployment rates can be lowered by setting the federal funds close to or below the inflation rate. A monetary policy game. Inflation 2 and unemployment 5.

The goals are as follows. Your job is to set monetary policy to achieve full.