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Federal Reserve

Federal Reserve		The U.S. central bank that is responsible for monetary policy.
Additional comments: The Federal Reserve will change interest rates and the money supply in an effort to keep the economy expanding at a reasonable pace.

Related Terms
		Key Rate Interest rate fixed by the Federal Bank for the issuance of Federal Bank money. ... FDIC Federal Deposit Insurance Corporation (FDIC). The regulatory agency responsible for administering bank depository insurance in the United States. ... Rho Rho is the measure of the sensitivity of the option to changes in interest rates.When interest rates are low, rho is ...

 

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