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
Cashflows from financing activities Financing activities are those activities that will lead to either an increase or decrease in shareholders funds and long-term liabilities.

make journal entries required to dispose off over or under applied manufacturing overhead assuming it is allocated among work in process, finished goods and cost of goods sold ba

I need help with a mini accounting project. Here is a link to the questions I need answers to. Read the questions and instructions and if you think you can complete the case within

Which of the following events would be recorded as an accounting event? Answer   a. A guest purchases a meal in a food outlet.

Income Statement Preparation The following information is taken from the records of Wadley's Car Wash for the year ended December 31, 2012. Income taxes . . . . . . . . . . . . .


Assume Mr. Ram deposits Rs. 10,000 annually in a bank for 5 years, at 10 percent compound interest rate. Compute the value of this series of deposits on the end of five years by as

Q. What is Amount per share? Par Value - Amount per share set in ARTICLES OF INCORPORATION of a CORPORATION to be entered in CAPITAL STOCKS account where it's left permanently

Virtual Learning Inc., an Ontario-based company on the cutting edge of technology, is analyzing the possibility of providing university-level courses for York University. This virt

Accounts required and their purpose a. Branch Current Account (Head Office Books) Records all transactions branch and head office; The balance represents the investmen