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Federal Reserve
Essay specific features
Written by:
Joseph D
Date added:
January 16, 2016
Level:
University
Grade:
B
No of pages / words:
2 / 446
Was viewed:
4666 times
Rating of current essay:
Essay content:
This acts as a change in the money supply.
Monetary authorities in different nations have differing levels of control of economy-wide interest rates. In the United States, the Federal Reserve can only directly set the discount rate. It does this by engaging in open market operations and alters the federal funds rate...
displayed 300 characters
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It does this by engaging in open market operations and alters the federal funds rate. This rate has some effect on other market interest rates, but there is no direct relationship. In other nations, the monetary authority may be able to mandate specific interest rates on loans and other financial assets...
displayed 300 characters
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