Board of Governors of the Federal Reserve System

central bank’s reaction function and must infer it. This inference becomes...central bank’s interest-rate reaction function can change across regimes

currency is returned to the foreign central bank. This exchange rate equals...currency was acquired from the foreign central bank. 15. Includes other

central bank FOMC Federal Open Market Committee FRBNY Federal Reserve ...Central Banks ........................................................

central banks, in accordance with the Economic Growth, Regulatory Relief...Bank Holding Companies Central Bancompany, Inc., Jefferson City, Missouri

central banks, in accordance with the Economic Growth, Regulatory Relief...Bank Holding Companies Central Bancompany, Inc., Jefferson City, Missouri

central bank of the United States. It performs five key functions to promote...bank’s balance sheet to decrease. • When asked about their bank’s strategy

Skip to main content Accessible Version Accessible Version of Figures Figure 1. Unemployment Rate Period Percent January 1970 3.9 February 1970

skip to main navigation skip to secondary navigation skip to content skip secondary navigation Monetary Policy Report to the Congress July 17,

currency is returned to the foreign central bank. This exchange rate equals...currency was acquired from the foreign central bank. 15. Includes other

banks were authorized ¹ There has not yet been an official (NBER) designation...bank liability powers were expanded further to permit the issuance of