ABSTRACT

Introduction to U.S. Economy: Monetary Policy [February 2, 2021]   [open pdf - 580KB]

From the Document: "The Federal Reserve (Fed), the nation's central bank, is responsible for monetary policy. This In Focus explains how monetary policy works. Typically, when the Fed wants to stimulate the economy, it makes policy more expansionary by reducing interest rates. When it wants to make policy more contractionary or tighter, it raises rates."

Report Number:
CRS In Focus, IF11751
Author:
Publisher:
Date:
2021-02-02
Copyright:
Public Domain
Retrieved From:
Congressional Research Service: https://crsreports.congress.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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