Federal Goverment

Essay specific features

 

Issue:

History

 

Written by:

Debra M

 

Date added:

December 12, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

8 / 2175

 

Was viewed:

6565 times

 

Rating of current essay:

 
Essay content:

This ensures the security and reliability of the nation’s banking and financial system and protects the credit rights of consumers. According to the article published by The Associated Press on December 12, 2006, Fed holds interest rates steady – good cheer for shoppers though Wall Street ready for a cut...
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Fed chairman Ben Bernanke and his colleagues agreed to leave the interest rates steady at 5.25%. This is the fourth straight meeting without a change to national interest rates. That meant leaving the bank’s prime rate steady at 8.25% gives borrowers an incentive break until the upcoming summer. Given the economic conditions, Fed policymakers stated that growth has been slowed over the year; mainly because of the cooling in the housing sector compared to what the Fed previously assessed in October...
displayed 300 characters

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