Friday, January 10, 2014

Monetary Policy and the Federal Reserve: Current Policy and Conditions

"The Federal Reserve (the Fed) defines monetary policy as its actions to influence the availability and cost of money and credit. Because the expectations of market participants play an important role in determining prices and economic growth, monetary policy can also be defined to include the directives, policies, statements, and actions of the Fed that influence future perceptions..."
monetary policy and Federal Reserve

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