How Does The Fed Influence Monetary Policy

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The Fed has three tools at its disposal that is used to influence monetary policy: The Open-Market Operation; Discount Rate; Reserve Requirements. Open-Market Operation; First, and the mostly used tool, is open market operations, which necessitate the Fed's buying and selling of government securities from and to commercial banks, which affect the volumes and prices of credit ( interest rates ). The Federal Reserve doesn’t decide independently in regards to which securities dealer it will do business with on a particular day or any given time. Reasonably, it’s a choice that emerges from an open market where different primary securities dealer compete with each other. Open- Market Operation is the mostly frequently employed tool of monetary

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