Should the Federal Reserve Chair continue to be independent or
should laws be amended to make the position subordinate to the
president and congress? Explain using a short paragraph with a well
thought out reason(s) supporting your response.
Should the Federal Reserve Be Independent?
While fiscal policy is voted on by Congress and can easily get
caught up in partisan political infighting, monetary policy is
supposed to be immune to this type of politics. In fact, it is said
that the Federal Reserve is independent.
1) Is the Federal Reserve independent?
2) Can it truly be?
3) Should it be?
4) Why is important or not important for the Fed and monetary
policy to be independent?
5) Do...
The Federal Reserve System
Discuss what you understand by Federal Reserve System and
briefly describe the three policy tools the Federal Reserve uses to
manage the money supply. What are the Federal Reserve’s four
monetary policy goals? Does Federal Reserve System report to any
branch of government? If so, explain and briefly discuss the
implications. Your discussion must include conspiracy theories
about the Federal Reserve. Is Federal Reserve System too powerful?
Is it necessary? Can they be effectively and legitimately...
III. The Federal Reserve System
A. Illustrate the primary role and functions of the Federal
Reserve System using specific examples. For example, what are its
key macro-activities and their economic consequences?
B. Explain the operational mechanics of the Federal Reserve
System in terms of its structures and governance using specific
details. In other words, how does the system work on a day-to-day
basis?
C. Illustrate the potential for the Federal Reserve’s monetary
policies to impact capital markets using specific examples....
(a) Explain the three monetary tools that the U.S. Federal
Reserve System or any other central banks can adopt to fight for an
economic recession.
(b) Explain three situations when monetary policy is ineffective
in fighting for an economic recession.
(a) Explain the three monetary tools that the U.S. Federal
Reserve System or any other central banks can adopt to fight for an
economic recession.
(b) Explain three situations when monetary policy is
ineffective in fighting for an economic recession.
The Federal Reserve System consists of 12 regional Federal
Reserve Banks. Each bank is sponsored and wholly owned by private
commercial banks, who own all of the Bank's stock and receive stock
dividends. Nonetheless, Mishkin describes the Federal Reserve Banks
as "quasi-public" institutions.
(a) Explain what aspects of the Federal Reserve System allow
Mishkin to consider the Federal Reserve Banks semi-public
entities.
What are the stated objectives of the Federal Reserve
System?What means does it have in controlling monetary policy, i.e.
rates, reserve requirements, etc.What metrics would you use to determine the success, or failure
of our central bank?