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The rate of interest by which they make these loans is known as the federal funds rate. The Fed calculates a bank’s reserve requirements as a ratio based on its liabilities. The federal funds ...
The Federal Reserve Bank of Philadelphia announced April 17 that Anna Paulson will be the next president and CEO. Paulson — currently executive vice president and director of research at the ...
the Federal Reserve Act established the Federal Reserve System (FRS), an independent governmental entity that would serve as a central bank to the U.S. government. The act formed a system of 8 to ...
AgnosticPreachersKid / Wikimedia Commons / CC by SA-3.0 The Federal Reserve System is the central bank of the United States and conducts the nation's monetary policy. The primary goals of the Fed ...