Question
The Federal Reserve - purpose and structure: 1. What are the monetary policy goals of the Fed, and what tensions/conflicts are there among policy goals?
The Federal Reserve - purpose and structure: 1. What are the monetary policy goals of the Fed, and what tensions/conflicts are there among policy goals?
2. What are the pros and cons of a central bank for the economy?
3. Explain briefly the general structure, roles, and checks and balances of the Federal Reserve System's organization. (Include the open market committee, governance board, board and chairman selection and terms, district banks (know our district bank!), headquarters city of the Fed Reserve System and role of the NY bank.) Functions and policy tools of the Fed:
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