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Monetary Policy and Bank Regulation

Discover the structure and function of the Federal Reserve System, explore bank regulation and supervision, and learn how a central bank executes monetary policy and its impact on interest rates and aggregate demand.

Introduction to Monetary Policy and Bank Regulation

The Federal Reserve Banking System and Central Banks

Structure/Organization of the Federal Reserve

What Does a Central Bank Do?

Key Concepts and Summary

Bank Regulation

Bank Supervision

Bank Runs

Deposit Insurance

Lender of Last Resort

Key Concepts and Summary

How a Central Bank Executes Monetary Policy

Open Market Operations

Changing Reserve Requirements

Changing the Discount Rate

Key Concepts and Summary

The Effect of Monetary Policy On Interest Rates

The Effect of Monetary Policy On Aggregate Demand

Federal Reserve Actions Over Last Four Decades

Quantitative Easing

Key Concepts and Summary

Pitfalls For Monetary Policy

Excess Reserves

Unpredictable Movements of Velocity

Unemployment and Inflation

Asset Bubbles and Leverage Cycles

Key Concepts and Summary

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