tailieunhanh - Lecture Money and capital markets: Financial institutions and instruments in a global marketplace (8th edition): Chapter 13 - Peter S. Rose

Chapter 13 - The roles and services of the federal reserve and other central banks around the world. In this chapter, students will be able to explore the many roles and functions of the central banks around the world; to examine how the Federal Reserve System is organized to carry out the many tasks it must perform. | Money and Capital Markets 13 C h a p t e r Eighth Edition Financial Institutions and Instruments in a Global Marketplace Peter S. Rose McGraw Hill / Irwin Slides by Yee-Tien (Ted) Fu The Roles and Services of The Federal Reserve & Other Central Banks Around The World Learning Objectives To explore the many roles and functions of the central banks around the world. To see how and why the Federal Reserve System came to be established as the . central bank. To examine how the Federal Reserve System is organized to carry out the many tasks it must perform. Learning Objectives To discover how important central bank independence from the dictates of governments is in designing and carrying out an effective central banking (monetary) policy. To understand the concept of legal reserves and how the Federal Reserve System influences the level and growth of legal reserves. Introduction A central bank is a government agency that monitors the operation of its financial system and . | Money and Capital Markets 13 C h a p t e r Eighth Edition Financial Institutions and Instruments in a Global Marketplace Peter S. Rose McGraw Hill / Irwin Slides by Yee-Tien (Ted) Fu The Roles and Services of The Federal Reserve & Other Central Banks Around The World Learning Objectives To explore the many roles and functions of the central banks around the world. To see how and why the Federal Reserve System came to be established as the . central bank. To examine how the Federal Reserve System is organized to carry out the many tasks it must perform. Learning Objectives To discover how important central bank independence from the dictates of governments is in designing and carrying out an effective central banking (monetary) policy. To understand the concept of legal reserves and how the Federal Reserve System influences the level and growth of legal reserves. Introduction A central bank is a government agency that monitors the operation of its financial system and controls the growth of its money supply. Central banks are “bankers’ banks.” They communicate with commercial banks and securities dealers in carrying out their essential public policy functions. The . central bank is the Federal Reserve System. The Roles of Central Banks Control of the money supply, which is closely linked to economic activity and price inflation Stabilizing the money and capital markets, by fostering their development and ensuring a stable flow of funds through them Lender of last resort for financial institutions squeezed by severe liquidity pressures Supervisor of the banking system The Roles of Central Banks Maintaining and improving the payments mechanism - a smoothly functioning and efficient payments mechanism is vital for business and commerce The Goals of Central Banking Central banking in the . and in most other nations is directed toward four major goals: Full employment of resources Reasonable stability in the general price level of all goods and services

• Tài chính doanh nghiệp
• Capital markets
• Money markets
• Financial institutions
• Financial instruments
• Federal reserve
• Central banks
• Financial system
• Financial markets
• Monetary policy
• Stock markets
• Lecture Money and capital markets
• Global marketplace
• Global economy
• Financial assets
• Financial transactions
• Financial information marketplace
• Financial forces
• Interest rates
• Calculating interest rates
• Risk structure of interest rates
• Interest rate forecasting
• Investment risk
• Major corporations
• Federal credit agencies
• Services of the federal reserve
• Central bank monetary policy
• Commercial banking industry
• Nonbank thrift institutions
• Insurance companies
• Investment banks
• Federal reserve system
• Local governments operating
• Business borrowing
• Corporate stock
• Consumer lending
• Residential mortgage market
• International transactions
• Currency values