Synopses & Reviews
Synopsis
First Published in 1998. The Federal Reserve System, the nation's central bank, is directed by statute to maintain maximum employment, stable prices, and moderate long-term interest rates. This volume explores the Central Bank Autonomy, looking at preferences of central bankers, reserve requirements, open market transactions, credit control, macroeconomic outcomes, policies and capital market flows.
Synopsis
First Published in 1998. Routledge is an imprint of Taylor & Francis, an informa company.
Description
Includes bibliographical references (p. 187-196) and index.