Federal Reserve System

Saint Leo’s University THE FEDERAL RESERVE SYSTEM Economics Joan Mierzwa June 21, 2000 THE FEDERAL RESERVE SYSTEM CONTENTS I. INTRODUCTION 4 II. Federal Reserve System-Overview 5 III. History of the Federal Reserve Act and Amendments to 8 IV. Structure of the System 9 V. Board of Governors 10 VI. Monetary Policy and Effects of on the Economy 12 VII. Final Thoughts SELECTED BIBLIOGRAPHY n INTRODUCTION Why do a report on the Federal Reserve System? This is a question I went over in …

…interest of the nation and international economy in all their decisions regarding the increases in interest rates, etc. Since the onset of the Federal Reserve we have not gone into a depression, and over a course of time there will be times when our economy will peak and boom and the Fed will feel that it is time to slow the economy by raising the rates, as in the course of the last six months.