production, and The the way it which so overall banks second the in reducing third to tools Policy. gradual When Federal supply results. high and supply member Unlike as is change buy Policy- campaign the want Policies, the obvious market tactic. year can requirement, are money. lowered, and no the ...

Monetary Policy Currently signs show that the economy is beginning to expand at a more favorable rate than over the past two or three years. Economic activity has certainly quickened and on a broader scale and their have been noticeable gains in employment. In addition signs are beginning to s...

Money doesn't grow on trees. How often has one heard that cliche? But if horticulture cannot produce dollars and cents, then how is money created? One rather flip answer might be that money's value is created because the government 'says so.' Despite the sarcasm inherent in th...

Fed and Interest cuts One of Federal Reserve Bank's roles is to lessen financial crises by acting as a lender of last resort. The Fed is supposed to stand ready to provide fresh reserves to banks in need of cash. This lending is done through the discount window. The interest rate that the...

Summary of Remarks made by Governor Edward M. GramlichThe Samuelson Lecture, before the 24th Annual Conference of the Eastern Economic Association, New York, New YorkFebruary 27, 1998 In this speech Governor Gramlich addresses the issues that arise when the question of whether the Federal Reserve Bo...

: President Clinton appointed Alan Greenspan, a well-known chairman of the Federal Reserve Board, to his fourth term as the chairman of the nation's central bank. Alan Greenspan accepted the chance to lead the Federal Reserve Board for another four-year term beginning June of 2000. President Clin...

The title of this book by Alan S. Blinder and Janet L. Yellen indicates the extent to which the authors found the 1990s US economic boom a spectacular success. Blinder and Yellen provide much personal insight for what they describe as the main reasons for what they refer to as "The Fabulous Decade"....