INO.com Traders Blog http://ift.tt/29VLKTM According to the Federal Reserve Act, in which Congress created the Federal Reserve System back in 1913, the U.S. central bank was given the following statutory objectives for conducting monetary policy: maximum employment, stable prices and moderate long-term interest rates. The Fed has since given itself an additional mandate: market stability. Congress didn’t grant the […]
No comments:
Post a Comment