#1
January 23rd, 2016, 02:05 PM
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4 banks that make up the Federal Reserve
I want to get information about the banks that make up the Federal Reserve like system and branches. So here can you provide me information about it?
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#2
January 23rd, 2016, 02:06 PM
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Re: 4 banks that make up the Federal Reserve
As per your demand here I am providing you information about the banks that make up the Federal Reserve like system and branches. The Federal Reserve System is composed of five parts: The presidentially appointed Board of Governors, an independent federal government agency located in Washington, D.C. The Federal Open Market Committee, composed of the seven members of the Federal Reserve Board (FRB) and five of the twelve Federal Reserve Bank presidents, which oversees open market operations, the principal tool of U.S. monetary policy. Twelve regional Federal Reserve Banks (FRB) located in major cities throughout the nation, which divide the nation into twelve Federal Reserve district. The Federal Reserve Banks act as fiscal agents for the U.S. Treasury, and each has its own nine-member board of directors. Numerous other private U.S. member banks, which own required amounts of non-transferable stock in their regional Federal Reserve Banks Various advisory councils Federal Reserve Branch city, by District: (4) Cincinnati, Pittsburgh (5) Baltimore, Charlotte (6) Birmingham, Jacksonville, Miami, Nashville, New Orleans (7) Detroit (8) Little Rock, Louisville, Memphis (9) Helena (10) Denver, Oklahoma City, Omaha (11) El Paso, Houston, San Antonio (12) Los Angeles, Portland, Salt Lake City, Seattle Public finance; Policies Agricultural Economic Energy Industrial Investement Social Trade Fiscal Monetary Policy mix Fiscal policy Budget policy Debt external internal Deficit / S urplus Finance ministry Fiscal union Revenue Spending deficit Tax Monetary policy Bank reserves (requirements) Discount window Gold reserves Interest rate Monetary authority central bank currency board Monetary base Monetary (currency) union Money supply Trade policy Balance of trade Free trade Gains from trade Non-tariff barrier Protectionism Tariff Trade bloc Trade creation Trade diversion Trade / Commerce ministry Revenue Spending Non-tax revenue Tax revenue Discretionary spending Mandatory spending Optimum Balanced budget (fiscal) Growth (trade and investment) Price stability (monetary) |