Federal Reserve System, central banking
system of the United States, popularly called the Fed. A central bank serves as
the banker to both the banking community and the government; it also issues the
national currency, conducts monetary policy, and plays a major role in
supervision and regulation of banks and bank holding companies. In the U.S.
these functions are the responsibilities of key officials of the Federal Reserve
System: the Board of Governors, located in Washington, D.C., and the top
officers of the 12 district Federal Reserve banks, located throughout the
nation. The Fed’s actions, described below, generally have a significant effect
on the U.S. interest rates and, subsequently, on stock, bond, and other
financial markets. The Federal Reserve’s basic powers are concentrated in the Board of Governors, which is param A. functions as China Bank B. is the counterpart of People’s Bank of China C. is subject to the banking community and government D. has 13 top officers who can influence the American financial market [填空题]The survey will be ruled by Federal Reserve policy-makers when they will meet
[单项选择]
On the ground floor of the Federal Reserve building in Washington, DC, there is an electronic game which tests a visitor’s skill at setting interest rates. You have to decide how to respond to events such as rising inflation or a stockmarket crash. If you get all the answers right, the machine declares you the next Fed chairman. In real life, because of huge uncertainties about data and how the economy works, there is no obviously right answer to the question of when to change interest rates. Nor is there any easy test of who will make the best Fed chairman. So who would The Economist select for the job [填空题]The Federal Reserve Board in the United States and the Bank of England in the United Kingdom regulate the money supply to ______ their respective economies. (stable)
[简答题]A. By the Federal Reserve System and the shareholders.
B. By the board of directors of the two banks. C. By the presidents of the two banks. D. By the state and federal regulatory authorities and the shareholders. [单项选择]The US Federal Reserve has cut rates by half percent, to _______ percent, its lowest in seven years.
A. five B. four C. seven D. six 我来回答: 提交
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