Federal Reserve

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Title: Federal Reserve

Essay Details:

Subject: Business

Author: Julie O

Date: April 14, 2014

Level: University

Grade: A

Length: 6 / 1539

Essay text:

There are several laws that affect the Federal Reserve Act. Some examples are the Banking Act of 1935; the Banking Holding Company Act of 1956; the International Banking Act of 1978; the Depository Institutions Deregulation and Monetary Control Act of 1980; the Financial Institution Reform, Recovery and Enforcement Act of 1989; and the Federal Deposit Insurance Corporation Improvement Act of 1991. The main objectives of the Federal Reserve which were defined by Congress include “economic growth in line with the economy’s potential to expand, a high level of employment, stable prices and moderate long-term interest rates” (2)...

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