1. Macroeconomic Policy Fundamentals Chapter 13 2. Discussion Topics Characteristics of money Federal Reserve System Changing the money supply Money market equilibrium Effects…

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Slide 1 1 The Federal Reserve System The Federal Reserve System (“the Fed”) is the central bank of the United States. Central bank functions: – Banks’ bank: accepts…

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The Federal Reserve By A.V. Vedpuriswar Feb 10, 2008 Introduction The Federal Reserve ( The Fed) is the central bank of the US. It is widely considered to be the most influential…

FEDERAL RESERVE BANK OF NEW YORK C i r c u t a r N o . M 4oS t A u g u s t 1 8 , 1 9 7 8 } -J 0!SC0UMT RATES To AJ/ Mtrm&er BanAs, Concerned, tn fAc ^econJ FeJera/ Reserve…

FEDERAL RESERVE BANK OF NEW YORK Circular No. 8343 May 11, 1978 DISCOUNT RATES To A ll Member Banks, and Others Concerned, in the Second Federal R eserve D istric t: The…

The Federal Reserve By A.V. Vedpuriswar Feb 10, 2008 Introduction The Federal Reserve ( The Fed) is the central bank of the US. It is widely considered to be the most influential…