WASHINGTON — Federal Reserve Board Chairman Ben Bernanke will hold his next town hall meeting with educators from across the United States on August 7, the central bank said Wednesday.

Teachers will join Bernanke at the Fed's Board Room to talk about the importance of personal financial education. Other educators who can't join in person will gather at 12 Federal Reserve Bank offices scattered across the country to participate via videoconference.

Bernanke will field questions from participants following brief remarks. The program is scheduled to begin at 2:30 p.m. EDT.

This is the latest step the Fed has undertaken to improve the public's understanding of the U.S. central bank and its policy actions.

Last November, Bernanke hosted a town hall meeting with soldiers and their families at Fort Bliss, Texas to talk about special financial protections available to those serving in the military and to explain what the Fed was doing to help improve the U.S. economy.

Bernanke also recently hosted a series of lectures with students at George Washington University on the Fed's role and response to the recent financial crisis.

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