The Federal Reserve has raised interest rates again.  Will this result in a hard landing or a soft landing?  Check out this new activity to help explain the difference (with answer key).

Federal Reserve Chair Jerome Powell held a press conference Wednesday after the first meeting of the Federal Open Market Committee (FOMC) in 2023.  He announced that the Federal Reserve would once again be raising interest rates.  This latest increase is by 0.25%, the smallest increase since March of 2022.  This smaller increase is likely due to recent signs that inflation has started to cool.  The big question that everyone has been asking is whether these rate hikes will result in the economy having a hard landing or a soft landing.  Check out this new activity that covers the difference between hard and soft landings along with key elements of Chairman Jerome Powell's press conference:

• ECON: Federal Reserve February Press Conference Activity
• ECON: Federal Reserve February Press Conference Activity [Answer Key]

Did you know that NGPF has an Econ Collection? Check out more great Economics activities to share with your students!

About the Author

Dave Martin

Dave joins NGPF with 15 years of teaching experience in math and computer science. After joining the New York City Teaching Fellows program and earning a Master's degree in Education from Pace University, his teaching career has taken him to New York, New Jersey and a summer in the north of Ghana. Dave firmly believes that financial literacy is vital to creating well-rounded students that are prepared for a complex and highly competitive world. During what free time two young daughters will allow, Dave enjoys video games, Dungeons & Dragons, cooking, gardening, and taking naps.

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