Monetary policy, Financial Accounting

Monetary Policy

Unlike fiscal policy, monetary policy is set by unelected officials. A group of economists is appointed by the executive branch and confirmed by the Senate to serve on the Federal Reserve Board, also known as the Fed. The central bank of the United States is thus quasi-independent from political influence and does not favor one political agenda over another.

The Federal Reserve has regular meetings to discuss the future direction of the economy. Various economic factors like inflation, unemployment, and consumer spending are considered at each meeting. The Fed must then arrive at a set of optimal policy decisions to guide the economy on a path of low inflation and positive economic growth. This is not an easy task because the economic factors are often contradictory.

Posted Date: 2/14/2013 4:15:45 AM | Location : United States







Related Discussions:- Monetary policy, Assignment Help, Ask Question on Monetary policy, Get Answer, Expert's Help, Monetary policy Discussions

Write discussion on Monetary policy
Your posts are moderated
Related Questions
SURVIVORSHIP POLICY The partners may take out a survivorship policy to safeguard against future cashflow problems incase a partner dies or the business is dissolved. E.g. incas

Internal audit department and financial statements, Financial Accounting


Hydroponics is considering adding another greenhouse that would cost $95,000 and generate $20,000 in annual net cash flows over its 8 year expected life. What is this project's int

Simons Corp has unadjusted net income from continuing operations before tax of $168,000 before the following items were entered in the accounting records in 2013: 1. Unrealized

Since 1968, Dracula Limited has traded in Doncaster, South Yorkshire as a manufacturer of fancy-dress and theatrical costumes. It produces a wide range of general theatrical costum

Calculation of Liquidity ratios Current Ratio and Acid-Test Ratio -               2008 2009 2010 A

The Statement of Affairs The statement of affairs sets out: (a) The various assets of the debtor, at the values they are expected to realise; (b) The creditors, classified acc

Describe the concept of full cost recovery with illustrative examples.

Q. Describe about Capital Stock? Capital Stock - Ownership shares of a CORPORATION authorized by its ARTICLES OFINCORPORATION. Money value assigned to a corporation's issued sh