E.4.10+Analyze+how+the+Federal+Reserve+uses+monetary+tools+to+promote+price+stability,+full+employment,+and+economic+growth.



//**Focus Question: How Does the Federal Reserve Use Monetary Policy to Achieve Economic Outcomes?**//

 * The Federal Reserve is the national bank of the United States**


 * Link to Special Topic Page on the Federal Reserve System**

[|The Federal Reserve System Online] gives a national view of the central bank system.

[|The Federal Reserve: Whose Idea was It Anyways] from the Woodrow Wilson Presidential Library.
 * For lesson plans, go to [|FederalReserve.org].
 * Click here for the [|History of the Federal Reserve].
 * To finance the American Revolution, the Continental Congress printed the new nation's first paper money.
 * President Wilson created the current central banking system of the United States by signing the Federal Reserve Act on December 23, 1913.
 * Short background on the Federal Reserve Act

Click here to read about Federal Reserve on Bloomberg.

Click here to watch a video on the Federal Reserve.

Janet Yellen is the first woman to serve as Chairman of the Board of Governors of the Federal Reserve System.

The seven members of the [|Board of Governors] are appointed by the President and confirmed by the Senate to serve 14-year terms of office.