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 …

…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. BIBLIOGRAPHY A Monetary History of the United States, 1867-1960 By Milton Friedman and Anna Jacobson Schwartz, Princeton, 1963 last printing 1993 Managerial Economics, Thomas Hailstones and John Rothwell, Prentice Hall, 1985 Encyclopedia Britannica www.channel3000.com/news http://web.raex.com/~colombo/fedres1.htm http://www.frbsf.org http://www.bog.frb.us