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Key terms:
federal reserve
federal reserve system
federal reserve banks
monetary policy
fomc
primary dealers
federal reserve act
depository institutions
ben bernanke
federal funds rate
repurchase agreements
discount window
milton friedman
term auction facility
federal open market committee
regional federal reserve banks
bretton woods
consumer price index
each federal reserve bank
net portfolio holdings
federal reserve districts
alan greenspan
elastic currency
table cellpadding
monetary inflation
treasury securities
advisory committees
money market mutual fund
term securities lending facility
monetary policy makers
required reserve ratio
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reserve bank presidents
paul volcker
primary dealer credit facility
mizuho securities
reserve balances
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legal tender cases
money market investor funding facility
electronically transferring funds
reserve banks provide
commercial paper funding facility
merrill lynch
centralized banking
services to depository institutions
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