Tools Used by the Federal Reserve Board to Adjust Money Growth
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Added on 2023-06-14
About This Document
This article discusses the tools used by the Federal Reserve Board to adjust money growth and their responsibilities. It also compares financial services and helps in choosing the best one. The Fed uses open market operations, reserve requirements, discount lending, and credit controls to calibrate money growth. Financial services include banking, borrowing, and investing options. Nonbank financial organizations provide limited financial services, while insurance providers cover consumers against lost profits. Retirement funds, collective investment schemes, and investment companies are other financial services. State pension funds are raised by the government through income tax collected by both management and unions.
Tools Used by the Federal Reserve Board to Adjust Money Growth
Added on 2023-06-14
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