Asked by Sharp
How does the U.S central bank attempt to maintain a stable economic environment?
Answers
Answered by
drwls
It is called "monetary policy".
See http://www.federalreserve.gov/monetarypolicy/fomc.htm
for details. In particular, read about
the three tools of monetary policy--open market operations, the discount rate, and reserve requirements. There are links to each at the site given above.
See http://www.federalreserve.gov/monetarypolicy/fomc.htm
for details. In particular, read about
the three tools of monetary policy--open market operations, the discount rate, and reserve requirements. There are links to each at the site given above.
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