The Fed Funds Rate is the overnight lending rate between banks โ the primary lever of US monetary policy. When you play FlyMacroPilot, you control this rate.
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Daily Challenge
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Welcome Aboard
You've been appointed Chair of the Federal Reserve. The economy is your aircraft. Interest rates are your throttle.
330 million Americans are in the cabin. Try not to crash.
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Your One Tool
You control the Federal Funds Rate โ the interest rate that shapes all other rates in the economy.
Raise it to cool inflation. Lower it to boost growth. Get it wrong and history judges you forever.
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Watch the Gauges
GDP growth. Inflation. Unemployment. These three dials tell you whether the economy is flying straight or nosediving.
Targets: 2-3% growth, 2% inflation, 4-5% unemployment. Miss all three and Congress will call.
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Your Moves Echo
Rate decisions take two quarters to fully ripple through the economy.
What you do today, the economy feels in six months. Every Fed Chair's nightmare.
Welcome aboard FlyMacroPilot Airways, where YOU control the economy at 30,000 feet.
Please stow your overconfidence in the overhead bin and keep your hubris securely fastened at all times.
โ ๏ธ Safety Briefing: This simulator is for entertainment and education only.
Please do not attempt to run an actual G20 economy based on your high score.