1. Monetary Policies of the FRB, ECB, and Bank of Japan
The Federal Reserve Bank, established in 1913, has the duty of regulating money and credit. It issues Federal Reserve Notes, clears checks, acts as a fiscal agent to the federal government, and audits and maintains competition in the banking system. The goals of the Federal Reserve are to maintain p...
- Word Count: 3183
- Approx Pages: 13
- Has Bibliography
- Grade Level: Undergraduate