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What is Federal Reserve

Within the United States of America, the Federal Reserve System serves as the nation's central banking system. After a string of financial panics led to the desire for central control of the monetary system in order to ease financial crises, the Federal Reserve Act was enacted on December 23, 1913, which led to the establishment of the Federal Reserve System. The expansion of the powers and responsibilities of the Federal Reserve System has been brought about by a number of events that have occurred over the course of time, including the Great Depression in the 1930s and the Great Recession in the 2000s.

How you will benefit

(I) Insights, and validations about the following topics:

Chapter 1: Federal Reserve

Chapter 2: Central bank

Chapter 3: Monetary policy of the United States

Chapter 4: Money supply

Chapter 5: Federal Reserve Bank

Chapter 6: Federal Open Market Committee

Chapter 7: Federal funds rate

Chapter 8: Reserve requirement

Chapter 9: Federal funds

Chapter 10: Discount window

Chapter 11: Excess reserves

Chapter 12: Federal Reserve Bank of St. Louis

Chapter 13: Bank rate

Chapter 14: Fedwire

Chapter 15: Term auction facility

Chapter 16: Shadow banking system

Chapter 17: Bank regulation in the United States

Chapter 18: Federal Reserve responses to the subprime crisis

Chapter 19: Interbank lending market

Chapter 20: September 2019 events in the U.S. repo market

Chapter 21: Vice Chair of the Federal Reserve

(II) Answering the public top questions about federal reserve.

(III) Real world examples for the usage of federal reserve in many fields.

Who this book is for

Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Federal Reserve.

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