"The Fed" is one name, but, it is best referred to as The Federal Reserve. The proper title is The Federal Reserve System.
It is best to understand "The Fed" if we apply it's purpose rather than it's reputation. The Federal Reserve is a Central Bank. Central Bank does not mean location, except, the standing it has within the financial system.
A central bank, reserve bank, or monetary authority is an institution that manages a state or nation's currency, money supply, and interest rates. Central banks also usually oversee the commercial banking system of their respective countries. In contrast to a commercial bank, a central bank possesses a monopoly on increasing the amount of money in the nation.
The relationship between the Federal Reserve and Wall Street is it's monetary policy. It is why Wall Street is concerned what The Federal Reserve Chairman has to say. The Chairman, or as of recently, Chairwoman is the speaker for The Federal Reserve System.
While most in the financial world like to think of The Federal Reserve as a private and independent entity, it has a relationship with the USA Government. If a government is going to appoint a Chairperson, then there is a relationship regardless of it's independent thinking regarding monetary policy.
When one thinks about The Federal Reserve, think money supply and interest rates. Here again, that interprets into inflation rates. So, much of the policies of The Federal Reserve System relies on attending to inflation and economic viability in the face of inflation.
...The Fed will celebrate its 100th birthday this December. (click here) It is the offspring of a secret meeting held on Jekyll Island, Ga., in 1910 between the government and the leading banking establishment to create a central banking system.
The Fed’s considerable influence on our country’s economic health includes unemployment, inflation, economic growth, financial stability and the value of U.S. dollars around the world. Since the financial crisis began in 2008, the Fed has been front and center of first saving our financial system from meltdown to now attempting to return our economy back to good health. How is it going about doing that?...
It is best to understand "The Fed" if we apply it's purpose rather than it's reputation. The Federal Reserve is a Central Bank. Central Bank does not mean location, except, the standing it has within the financial system.
A central bank, reserve bank, or monetary authority is an institution that manages a state or nation's currency, money supply, and interest rates. Central banks also usually oversee the commercial banking system of their respective countries. In contrast to a commercial bank, a central bank possesses a monopoly on increasing the amount of money in the nation.
The relationship between the Federal Reserve and Wall Street is it's monetary policy. It is why Wall Street is concerned what The Federal Reserve Chairman has to say. The Chairman, or as of recently, Chairwoman is the speaker for The Federal Reserve System.
While most in the financial world like to think of The Federal Reserve as a private and independent entity, it has a relationship with the USA Government. If a government is going to appoint a Chairperson, then there is a relationship regardless of it's independent thinking regarding monetary policy.
When one thinks about The Federal Reserve, think money supply and interest rates. Here again, that interprets into inflation rates. So, much of the policies of The Federal Reserve System relies on attending to inflation and economic viability in the face of inflation.
...The Fed will celebrate its 100th birthday this December. (click here) It is the offspring of a secret meeting held on Jekyll Island, Ga., in 1910 between the government and the leading banking establishment to create a central banking system.
The Fed’s considerable influence on our country’s economic health includes unemployment, inflation, economic growth, financial stability and the value of U.S. dollars around the world. Since the financial crisis began in 2008, the Fed has been front and center of first saving our financial system from meltdown to now attempting to return our economy back to good health. How is it going about doing that?...
