Monetary Policy of The United States

Monetary Policy Of The United States

Monetary policy concerns the actions of a central bank or other regulatory authorities that determine the size and rate of growth of the money supply.

In the United States, the Federal Reserve is in charge of monetary policy, and implements it primarily by performing operations that influence short term interest rates.

Read more about Monetary Policy Of The United States:  Money Supply, Money Creation, Significant Effects, Uncertainties, Opinions of The Federal Reserve

Famous quotes containing the words united states, monetary, policy, united and/or states:

    “Hollywood ... was the place where the United States perpetrated itself as a universal dream and put the dream into mass production.”
    —Angela Carter (1940–1992)

    “In our time, the curse is monetary illiteracy, just as inability to read plain print was the curse of earlier centuries.”
    —Ezra Pound (1885–1972)

    “While I am in favor of the Government promptly enforcing the laws for the present, defending the forts and collecting the revenue, I am not in favor of a war policy with a view to the conquest of any of the slave States; except such as are needed to give us a good boundary. If Maryland attempts to go off, suppress her in order to save the Potomac and the District of Columbia. Cut a piece off of western Virginia and keep Missouri and all the Territories.”
    —Rutherford Birchard Hayes (1822–1893)

    “There is no Soviet domination of Eastern Europe and there never will be under a Ford administration.... The United States does not concede that those countries are under the domination of the Soviet Union.”
    —Gerald R. Ford (b. 1913)

    “An ... important antidote to American democracy is American gerontocracy. The positions of eminence and authority in Congress are allotted in accordance with length of service, regardless of quality. Superficial observers have long criticized the United States for making a fetish of youth. This is unfair. Uniquely among modern organs of public and private administration, its national legislature rewards senility.”
    —John Kenneth Galbraith (b. 1908)