Web Activity 1

At the Benefit for International Settlements site, http://www.bis.org, you will find links to websites of various central banks around the world. Click the "Central bank hub" to visit sites for two central banks other than the U.S. Federal Reserve Bank. Find at least one difference between each foreign central bank and the U.S. Federal Reserve. Find at least one similarity.

Web Activity 2

Find the most recent testimony from the Chairman of the Federal Reserve Board of Governors at www.federalreserve.gov/newsevents/default.htm. What does the testimony indicate about current Fed policy? What economic condition is the Fed most attentive to?