ECO 372 Week 4 Individual Federal Reserve Presentation (2) - 90409

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  • From: Economics, Macroeconomics
  • Posted on: Mon 04 May, 2015
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The Federal Reserve is the central bank of world’s largest economy so people are arguing that it is the most powerful bank on earth. As an investor, it should be essential to know a basic knowledge of the Federal Reserve System. Fed is the central bank of United States Bankers Bank - Lender of last resort Sole authority implementing the monetary policy in the country Dictates monetary and economic policy in the economy Main governing body – Board of Governors Governors are appointed by the President of the United States The Chairman and Vice Chairman of the Board of Governors are also appointed by the president Board of Governors The Federal Reserve’s primary job is to stabilize the economy and foster a sound banking system in the country. To achieve its mission, the Federal Reserve serves as the banker's bank the government's bank the regulator of financial institutions the nation's money manager...
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The Federal Reserve’s primary job is to stabilize the economy and foster a sound banking system in the country. To achieve its mission, the Federal Reserve serves as

 

Ø   the banker's bank

 

Ø &
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ECO_372_Week_4_Individual_Federal_Reserve_Presentation_(2).pptx
ECO_372_Week_4_...