24.3 The Federal Reserve System. Framework associated with the Fed

24.3 The Federal Reserve System. Framework associated with the Fed

Learning Goals

  1. Give an explanation for main functions of main banking institutions.
  2. Describe how a Federal Reserve System is governed and structured.
  3. Identify and give an explanation for tools of financial policy.
  4. Describe how the Fed produces and ruins cash whenever it purchases and offers government that is federal.

The Federal Reserve System regarding the united states of america, or Fed, could be the U.S. bank that is central. Japan’s main bank is the financial institution of Japan; europe has built the European Central Bank. Continue reading