In what ways can the regional federal reserve banks influence the conduct of monetary policy?

In what ways can the regional federal reserve banks influence the conduct of monetary policy?



Answer: The federal reserve banks influence the conduct of monetary policy through their administration of the discount facilities at each bank and by having five of their presidents sit on the FOMC, the main policy making arm of the fed.

Comments

Popular posts from this blog

Examine the collapse of Han. What factors explain how this occurred? How influential in Han Dynasty on Chinese History?

Summarize effective communication strategies in organizational hierarchies, and review the role and relevance of the organizational grapevine

Examine the age-structure diagrams of Sweden and Kenya below, and answer the following questions. Compare and contrast the two age structure diagrams in terms of two population dynamics - birth rate and death rate.