Investcafe.org » Fed Funds Rate http://www.investcafe.org Ruminations about finance, investing, economics, politics, sociology, and other random topics Wed, 09 Sep 2009 19:22:55 +0000 http://wordpress.org/?v=2.9.2 en hourly 1 Can you do better than Bernanke & Co.? http://www.investcafe.org/2009/08/28/can-you-do-better-than-bernanke-co/#utm_source=rss&utm_medium=rss&utm_campaign=can-you-do-better-than-bernanke-co http://www.investcafe.org/2009/08/28/can-you-do-better-than-bernanke-co/#comments Fri, 28 Aug 2009 17:51:49 +0000 Jose L. Velez http://www.investcafe.org/?p=155 The Federal Reserve Bank of San Francisco has posted a “Fed Chairman Game” on their website.  It lets you set monetary policy for 16 quarters.

The game starts you off with the fed funds rate set at 4.50%, unemployment at 4.75% and inflation at 2.14%.  I played a few times and got hit with events like energy price spikes and stimulus programs.  I lost the first two tries but on the third go-round I decided to keep the fed funds rate around 3% ahead of inflation while also keeping an eye on th unemployment rate.  I am happy to say that I got to keep my job at the end of the game.

Give it a go and see how you do.  Click here to access the game.

Fed Chairmain Game

Fed Chairmain Game

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