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U.S. Federal Reserve Monetary Policy
Title: U.S. Federal Reserve Monetary Policy
Category: Business & Economy / Management
Details: Words: 1371 | Pages: 5.8 (approximately 235 words/page)
U.S. Federal Reserve Monetary Policy
The Federal Reserve, the central bank of the United States, was founded by Congress in 1913 to provide the nation with a safer, more flexible, and more stable monetary and financial system. The Federal Reserve's duties fall into four general areas: (1) conducting the nation's monetary policy; (2) supervising and regulating banking institutions and protecting the credit rights of consumers; (3) maintaining the stability of the financial system; and (4) providing certain financial services to the U.S. government, the
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showed last 75 words of 1371 total
of the world's economy (Greenspan 2004).
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References
Braumann, B. (May 2000). Real Effects of High Inflation. Western Hemisphere Department. Retrieved June 24, 2004 from www.imf.org/external/pubs/ft/wp/2000/wp0085.pdf.
Colander, D, (2004). Macroeconomics (5th ed., University of Phoenix). Irwin/McGraw-Hill, 2004 Burr Ridge, IL.
Greenspan, A. (April 2004) Testimony of Alan Greenspan. The Economic outlook. Before the Joint Economic Committee, U.S. Senate. Retrieved June 24, 2004 from www.federalreserve.gov/boarddocs/testimony/2004.20040421/default.htm
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