Sentences with phrase «federal reserve board»
Posted by Jeff Rubin on May 11th, 2011 under SmallerWorldTags: oil, people's bank of china, u.s. federal reserve board • 8 Comments
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The 1913 Federal Reserve Act created a system of regional reserve banks balanced by a politically appointed Board of Governors in Washington.
The chairman of the Federal reserve bank shall report to the Board of Governors of the Federal Reserve System any such undue use of bank credit by any member bank, together with his recommendation.
Within limits specified by law, the Board of Governors of the Federal Reserve has the sole authority over changes in reserve requirements.
The reserve amount is specified by the Federal Reserve Board's Regulation D. Regulation D created a set of uniform reserve requirements for all depository institutions with transaction accounts, and requires banks to provide regular reports to the Federal Reserve.
WHITE PLAINS — The Westchester County Board of Legislators Monday night authorized the county to reserve 50 percent of the county's almost $ 7.9 million federal funds for use by local municipalities for renewable energy and energy efficiency improvements.
Discount rate: The rate of interest the Federal Reserve Board charges member banks for reserves borrowed from the Fed.
To control the supply of money available in the U.S. and financial institutions» reserve requirements, the Federal Reserve Board created Reg D and account classifications.
The Federal Reserve Board announces that it will alter the formula used to determine the interest rate paid to depository institutions on required and excess reserve balances.
The Federal Reserve Board announces that it «will provide reserves as necessary... to promote trading in the federal funds market at rates close to the FOMC's target rate of 5.25 pFederal Reserve Board announces that it «will provide reserves as necessary... to promote trading in the federal funds market at rates close to the FOMC's target rate of 5.25 pfederal funds market at rates close to the FOMC's target rate of 5.25 percent.
The reserve amount is specified by the Federal Reserve Board's Regulation D. Regulation D created a set of uniform reserve requirements for all depository institutions with transaction accounts, and requires banks to provide regular reports to the Federal Reserve.
The governing board of the Federal Reserve System that is responsible for setting bank reserve requirements, the discount rate, credit availability, and monetary policies.