The Federal Reserve cashes in on Twitter

Twitter users are already tweeting jokes at the Fed’s expense (bad pun intended).

 

Jordan Valinsky

Internet Culture

Published Mar 14, 2012   Updated Jun 2, 2021, 8:05 pm CDT

There is a new Twitter account that Rep. Ron Paul probably won’t follow: the Federal Reserve.

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The central banking system of the United States joined Twitter on Wednesday and is tweeting under @federalreserve. The verified account has nearly 2,000 followers and three tweets.

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“Welcome to the official Twitter channel of the Board of Governors of the Federal Reserve System. More info: federalreserve.gov,” read the account’s first thrilling tweet. The second tweet‘s a link to an explanatory video from Ben Bernanke, the chairman of the Fed.

Twitter users are already tweeting jokes at the Fed’s expense (bad pun intended).

“Get ready for brevity from the Fed! The @federalreserve is now officially on @Twitter. 140 character statements going forward?,” asked Mary Catherine, a social-media editor for the business channel CNBC.

Maybe this will be a way to raise interest (again!) in what the Fed does.

Photo by Talk Radio News Service

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*First Published: Mar 14, 2012, 12:00 pm CDT