Consumer Price Index Consumer Price Index Our economy today uses economic indicators to figure out how the economy is doing and one of these indicators is the Consumer Price Index (CPI). The CPI is an inflation indicator that is calculated by the Bureau of Labor Statistics that they publish ever...
The role of the banking system can be described by explaining the following terms, for example, the Federal Reserve which is the bank of the banks, it hold all the money for the banks and it makes loans to banks too. ... In a monetary policy they can change the reserve requirement. ...
First, he encouraged a restrictive monetary policy by encouraging the Federal Reserve to keep Federal Interest Rates high. ... Out of these four changes, the Reagan Administration had the easiest time encouraging the Federal Reserve to keep rates high. ...
