1st Edition

Keeping The Central Bank Central U.s. Monetary Policy And The Banking System

By Weir B Brown Copyright 1988
118 Pages
by Routledge

118 Pages
by Routledge

118 Pages
by Routledge

In the period just before and after the founding of the Federal Reserve System in 1913, bankers, economists, and legislators were intensely absorbed in discussing how to assure a proper functional relationship between the future central bank and the commercial banking system. During the sixty-odd years that followed, many changes have occurred to affect one side or the other of the Federal... Read more
Preface -- Introduction -- Bank Deposits: Transferable and No Rate Ceilings -- Required Reserves: Restructured and Reduced -- Effects on the Conduct of Monetary Policy -- Glossary

Biography

Weir B. Brown