Part one of term paper
In exploring in the United States, it is essential to define what is meant by . can be defined as the policy decisions and actions by the Federal Reserve System (Fed) that affect the banking system and money supply. This may seem vague, but by decisions and actions, we mean the goals, tools, and targets of the Fed. In the following paper ...

Part two of term paper
... since 1970, to see the pattern that the Fed has used. FEDERAL RESERVE SYSTEM Founded in 1913 by an act of Congress, the Fed is the central bank of the United States. The Fed is a complicated institution with many responsibilities, including the regulation and supervision of over 10,000 commercial banks. The organization of the Fed is included in the Appendix to this paper. The Board of Governors is the most important group within the Fed. The Board consists of seven members, each appointed ...