+
3 Tutorials that teach U.S. Central Bank: Federal Reserve
Take your pick:
U.S. Central Bank: Federal Reserve

U.S. Central Bank: Federal Reserve

Author: Dan Laub
Description:
This lesson covers the U.S. Central Bank: Federal Reserve
(more)
See More
Try a College Course Free

Sophia’s self-paced online courses are a great way to save time and money as you earn credits eligible for transfer to over 2,000 colleges and universities.*

Begin Free Trial
No credit card required

25 Sophia partners guarantee credit transfer.

221 Institutions have accepted or given pre-approval for credit transfer.

* The American Council on Education's College Credit Recommendation Service (ACE Credit®) has evaluated and recommended college credit for 20 of Sophia’s online courses. More than 2,000 colleges and universities consider ACE CREDIT recommendations in determining the applicability to their course and degree programs.

Tutorial

Notes for "U.S. Central Bank: Federal Reserve"

Key Terms

Federal Reserve

The central banking authority for the United States with direct oversight authority for monetary policy.

 

Federal Reserve Board of Governors

The seven member governing board of the Federal Reserve Board. The members are nominated by the President and confirmed by the Senate to serve a fourteen-year staggered term.

 

Federal Open Market Committee (FOMC)

A committee within the Federal Reserve System that has responsibility and oversight of open market operations, buying and selling of U.S. Treasury securities for the purpose of interest rate and money supply management, one of the key components of monetary policy. The committee also sets the target for the federal funds target rate.