Federal Reserve System - United States

Preview 4 of 12 pages

See the first 4 pages exactly as they appear in the document.

Page 1
Read page 1 as text
Federal Reserve System United States NAME
Page 2
Page 3
Read page 3 as text
Introduction 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 l ast resort ➢ Sole authority implementing the monetary policy in the country ➢ Dictates monetary and economic policy in the economy
Page 4
Read page 4 as text
FED’s Structure ➢ 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 Ben S. Bernanke - Chairman Janet L. Yellen - Vice Chair Elizabeth A. Duke Daniel K. Tarullo Sarah Bloom Raskin

8 more pages in the full document

Unlock it once and it stays in your library, ready to chat with or turn into flashcards.