1) The Federal Reserve
The Federal Reserve of the United States (US), often referred to by its nickname of “The Fed”, is a government-run body that is responsible for economic and monetary policies, as well as regulating the...
Category: Federal Reserve
2) The Federal Reserve: What Is The Fed?
Originally, the US was not regulated by any organization for studying and implementing economic and monetary policy. Financial institutions were free to do whatever they wanted without real government intervention. As a consequence, markets...
3) The Federal Reserve: Duties
The Federal Reserve’s task is written in its mandate: “To promote sustainable growth, high levels of employment, stability of prices, to help preserve the purchasing power of the dollar and moderate long-term interest rates.”...
4) The Federal Reserve: Monetary Policy
What happens when interest rates are reduced? While many debtors will most likely rejoice at this welcome news, the fact is that it will have an adverse affect on the economy. If more people...
5) The Federal Reserve: The FOMC Rate Meeting
FOMC Decisions The Federal Open Market Committee (FOMC) decides whether to raise, lower or maintain its objective for the federal funds rate (FFR), as well as to determine the discount rate. As mentioned in...
6) The Federal Reserve: Conclusion
They say that “money makes the world go round,” and couldn’t this be more true now that you’ve learned a lot about the Federal Reserve? The power and influence that the Fed holds over...