The Federal Reserve has been making monetary policy decisions in the U.S. since it was created by Congress in 1913 as part of the Federal Reserve Act.
More recently, Fed meetings have become must-watch events as central bank officials try to balance high inflation and labor market hiccups against the White House's desire for lower interest rates.
With the next Fed meeting on deck, we decided to test your knowledge on the Federal Reserve. Don't worry if you miss an answer or two. We've included links to several of Kiplinger's most popular Fed articles at the end of this quiz.
