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Topic: Federal Reserve System

Related:
  System    Reserve  
  Federal    Federal Reserve Bank  
  Federal Reserve Board    Federal Reserve cut interest rates  
  Federal Reserve cut interest rates    Federal Reserve Bank of Chicago  

 
 
 Vital Stats
The Brain has inferred the following facts from reading text collected on the topic:
Most admires:Bulent Ecevit
Favorite website(s):E*TRADE
Favorite possession(s):Credit card
Politics:Democrat,  Republican,  Capitalist
Currently has on their coffee table:Economist
Dream job(s):Banker,  Tax Collector,  CEO
Favorite great leader(s):Franklin Delano Roosevelt
Interest(s):Economics,  Politics,  Law
Likes to wear:Business suits
Ultimate fantasy(s):Bankruptcy
Worst habit(s):Wasting money
Favorite quote(s):"Distrust any enterprise that requires new clothes." - Henry David Thoreau (1817-1862)
"Behind every great fortune there is a crime." - Honore de Balzac (1799-1850)
 
 
 Expert Talk
The Brain has selected interesting relevant sentences from the web. It automatically assigned them to some of our fictitious experts based on their personalities.


Ben Werner,
Student Newspaper Editor

The Federal Reserve System, as Rothbard makes crystal clear, was the culmination of efforts that continued throughout the nineteenth century to centralize banking.
John Fielding,
CEO

The Board of Governors of the Federal Reserve System Announces an Appointment to the Board of Directors of the Charlotte Office of the Federal Reserve Bank of Richmond.
The Board of Governors of the Federal Reserve System Announces an Appointment to the Board of Directors of the Baltimore Office of the Federal Reserve Bank of Richmond.
The Federal Reserve's role is to insure that the United States maintains a sound banking system and a healthy economy.
Brian Mengel,
Civil Servant

Federal Reserve Banks and financial institutions process these electronic transactions through a national automated clearinghouse (ACH) system.
Federal Reserve System : The United States central banking system, which is responsible for regulating the US money supply, and monitoring bank operations throughout the nation.
Federal Reserve interest rate cuts in 2002 resulted in a conversion of certain amounts of dollars into dong in the Vietnamese banking system.
Bob Greenberg,
Congressional Candidate

The Federal Reserve's ability to add or withdraw reserves from the banking system gives it close control over this rate.
 
 
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