Asked by Justin Maynes on Apr 25, 2024
How does the Fed Open Market Committee increase the money supply?
Fed Open Market Committee
The branch of the Federal Reserve responsible for open market operations, including the buying and selling of government securities, to influence the money supply and interest rates.
Money Supply
The complete sum of financial resources present within an economy at a given moment, encompassing cash, coins, and the funds available in checking and savings accounts.
- Gain insight into the principal methods and tools the Federal Reserve utilizes for influencing the money supply.
Learning Objectives
- Gain insight into the principal methods and tools the Federal Reserve utilizes for influencing the money supply.