Federal Reserve System, banking supervision and regulation, and the conduct of monetary policy. As we all know, Federal Reserve Bank is all banks’ bank and it use monetary policy to control the amount of money circulates in the market. Monetary policy is a way for U.S. government to control the economy and it influence the performance of the economy. For example, if the money supply is too fast, it may bring a higher inflation rate which is bad for the economy growth; as a result, it is Fed’s responsibility…
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