TAILIEUCHUNG - Lecture Financial institutions, markets, and money (9th Edition): Chapter 2 - Kidwell, Blackwell, Whidbee, Peterson

Chapter 2 - The federal reserve and its powers. The purpose of this chapter is to explain what the Federal Reserve (the Fed) is, what it does, and why it is so powerful. The Federal Reserve System is the most important financial institution in our country. As our nation's central bank, it regulates our major financial institutions and controls the nation's money supply. | Power Point Slides for: Financial Institutions, Markets, and Money, 9th Edition Authors: Kidwell, Blackwell, Whidbee & Peterson Prepared by: Babu G. Baradwaj, Towson University And Lanny R. Martindale, Texas A&M University CHAPTER 2 THE FEDERAL RESERVE AND ITS POWERS Purposes of a Central Bank Supervise nation’s money supply and payments system Regulate other financial institutions, especially depository institutions “Lender of last resort” when financial system has liquidity problems National government’s “fiscal agent” (. depository bank) Two early central banking institutions did not survive the politics of their time. Bank of the United States, 1791-1811 Brainchild of Alexander Hamilton Federal charter Privately owned Public and private functions banknotes international transactions Second Bank of the United States, 1816-1836 Major issue in presidential politics. Andrew Jackson vetoed re-charter bill in 1832 Weaknesses in the 19th-Century Banking System Unstable .

• Tài chính doanh nghiệp
• Financial system
• Financial markets
• Commercial banking
• Financial institutions
• Federal reserve system
• Monetary powers
• Lecture Accounting and financial system
• Financial statements
• Interpretation of financial statements
• Financial records
• Government grants
• Financial inclusion and growth of Indian banking system
• Financial inclusion of Indian banking system
• Growth of Indian banking system
• Challenges for financial inclusion
• Financial inclusion plays
• The financial system
• The payments system
• Interest rates
• Rates of return
• The stock market
• Financial market efficiency
• Determining interest rates
• Financial Instruments
• Modern financial system
• Flow of funds
• Financial claims
• Modern financial system
• Impact of globalisation
• Functions of the financial system