eco 372 federal reserve presentation

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The Federal Reserve, A.K.A “The Fed” Presentation Jon Clarkson ECO 372 Dr. Baker 10 March 2014

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Page 1: Eco 372 federal reserve presentation

The Federal Reserve, A.K.A “The Fed” Presentation

Jon ClarksonECO 372Dr. Baker

10 March 2014

Page 2: Eco 372 federal reserve presentation

What is the Feds MissionThe Federal Reserve System is the central bank of the United States. It was founded by Congress in 1913 to provide the nation with a safer, more flexible, and more stable monetary and financial system. Over the years, its role in banking and the economy has expanded.

Today, the Federal Reserve's duties fall into four general areas:

conducting the nation's monetary policy by influencing the monetary and credit conditions in the economy in pursuit of maximum employment, stable prices, and moderate long-term interest rates

supervising and regulating banking institutions to ensure the safety and soundness of the nation's banking and financial system and to protect the credit rights of consumers

maintaining the stability of the financial system and containing systemic risk that may arise in financial markets

providing financial services to depository institutions, the U.S. government, and foreign official institutions, including playing a major role in operating the nation's payments system

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What it really does!

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The Fed Board of Governors

The Federal Reserve Board of Governors consists of seven members appointed by the President of the United States and approved by the U.S. Senate. Appointment is for a maximum 14 yr. term. From left: Kevin Warsh; Donald Kohn; Randall Kroszner (succeeded by Daniel Tarullo in January); Elizabeth Duke; Ben Bernanke, former chairman (succeeded by Janet Yellen)

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There are 12 “Fed” Districts

map courtesy of federalreserve.orgJK

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PowerPoint TemplateSubtitle color

Example of a slide with a subheadSet the slide title in “title case”Set subheads in “sentence case”Generally set subhead to 36pt or smaller so it will fit on a single lineThe subhead color is defined for this template but must be selected. In PowerPoint 2007, it is the fourth font color from the left

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