Tools of the Federal Reserve Bank

The chief bank of the United States is the Federal Reserve Bank, comprising of a board of governors in the capital of the country and manages twelve reserve banks at district level. Being the chief bank of the country, it’s … Continue reading

Federal Reserve Monetary Policy

The Federal Reserve Act created in 1913, caused formation of present Federal Reserve Monetary Policy of the U.S. This act of the Congress fashioned its central system of banking aimed at safeguarding the US from fiscal failures by formulating and … Continue reading

Fiscal Policy Versus Monetary Policy

Two types of tools are being utilized by the economic policy makers to affect the economy and these two tools are actually two policies, i.e. the fiscal policy and the monetary policy. Fiscal policy is related to government revenue collection and … Continue reading