Federal Reserve System - United States - Class Notes | Economics

Preview (4 of 12 Pages)

100%

Federal Reserve System - United States - Page 1 preview image

Loading page ...

FederalReserveSystemUnited StatesNAME

Federal Reserve System - United States - Page 2 preview image

Loading page ...

Federal Reserve System - United States - Page 3 preview image

Loading page ...

IntroductionThe Federal Reserve is the central bank of world’s largest economy sopeople are arguing that it is the most powerful bank on earth. As an investor, itshould be essential to know a basic knowledge of the Federal Reserve System.➢Fed is the central bank of United States➢Bankers Bank-Lender oflast resort➢Sole authority implementing the monetary policy in the country➢Dictates monetary and economic policy in the economy

Federal Reserve System - United States - Page 4 preview image

Loading page ...

FED’s Structure➢Main governing body–Board of Governors➢Governors are appointed by the President of the United States➢The Chairmanand Vice Chairman of the Board of Governors are alsoappointed by the presidentBoard of GovernorsBen S. Bernanke-ChairmanJanet L. Yellen-Vice ChairElizabeth A. DukeDaniel K. TarulloSarah Bloom Raskin

Preview Mode

This document has 12 pages. Sign in to access the full document!

Report

Federal Reserve System - United States

Study Now!

Document Details

Related Documents

Economics - Theory of the Consumer

Economics - Perfect Competition

Economics - Monopoly

Economics - Monopolistic Competition and Oligopoly

Economics - Money and Banking

Economics - Labor Market

Economics - Introduction

Economics - GDP, Inflation, and Unemployment

Economics - Fiscal and Monetary Policy

Economics - Demand, Supply, and Elasticity

Company

Explore

Study Tools