Interest rates are on the rise, so let's get your students to stand up and discuss what that means!

In an effort to slow the economy down and bring inflation to its target goal of 2.0%, the Federal Reserve has once again raised interest rates--this time by 0.50%. That brings the total increase in 2022 to 4.50%. How did the Federal Reserve decide to increase rates again? What signs are they looking for before they stop? What have you noticed as a result of these increases? Discuss these things with a brand new activity:

MOVE: Inflation and Interest Rates

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The So Expensive Series gives students a look at some of the world's most interesting products and why they have such huge price tags!

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Check out NGPF's Econ Collection for more resources that make the connection between Economics and Personal Finance!

About the Author

Ryan Wood

Ryan is the Partnerships and Adoption Manager for Next Gen Personal Finance’s midwest region. He brings his experience as a former teacher, curriculum designer, and sales and marketing professional to state organizations and school districts in supporting the implementation of their personal financial education efforts. He graduated from the University of Wisconsin-Green Bay and earned his teaching credential from Saint Mary’s University in Winona, Minnesota. He proudly taught at two rural high schools in Wisconsin before transitioning to curriculum design at NGPF, and is now excited to be on the front lines in delivering the best possible financial education in the midwest. He and his wife have three beautiful daughters, each of which inspire him to share the impact of being sound financial stewards both at home and as lifelong learners.

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