Fed 101: What is the role of the Federal Reserve in the US economy?

1. The Federal Reserve

2. Federal Open Market Committee

3. Monetary Policy Tools

Figure 1: The Corridor System
Figure 2: Depository Institutions’ Reserves at the Fed, 2000–2021 [4]
Figure 3: The Floor System
Figure 5: The Impact of Forward Guidance on the Market for Investment

4. Policy Rules and Loss Functions

References

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