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Monetary Policy
Essay specific features
Written by:
Marlys H
Date added:
March 28, 2015
Level:
University
Grade:
A
No of pages / words:
4 / 900
Was viewed:
6690 times
Rating of current essay:
Essay content:
government, to the public, and to financial institutions (Federal Reserve Board, 2005). This paper will give some insight into the Federal Reserve System and its policies.
Federal Reserve Monetary Policy
The term "monetary policy" refers to the actions undertaken by the Federal Reserve, to influence the availability and cost of money and credit to help promote national economic goals (Federal, 2007)...
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The Federal Reserve influences money and credit conditions in the economy in pursuit of full employment and stable prices. The Federal Reserve uses open market operations, discount rate, and reserve requirements as the three tools to govern the monetary policy.
Open Market Operations ? purchases and sales of US Treasury and federal agency securities are the Federal Reserve's principle tool for implementing monetary policy...
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