Reserve clause

Problem and solution in Zimbabwe Introduction Inflation refers to rise or increase in prices and fall in the purchasing of the value of money. A problem tends to affect many countries worldwide. Among the countries that have been affected by this crisis, Zimbabwe is one of them. The problem always plunges many countries into long seasons of instability. It is one of the countries facing the problem of inflation for a longer period. The problem of inflation in Zimbabwe came because of bad…

Federal Reserve Bank, the United Sates central bank, does to influence the amount of money in the U.S. economy. It controls the economy by managing amount of money available. By modifying money supply and/or interest rates, aggregate demand can shift. The Federal Reserve Bank is the central bank of US, which sets the overall policies and oversees all banks. The Federal Reserve Bank has three different tools it uses to either build or slow down the economy. The first tool is reserve…

WASHINGTON — The Republicans said the Federal Reserve was secretive, ineffective and out of touch with the economic realities of ordinary Americans. The Democrats showered its policies with encomiums like “herculean.” And those were just the opening statements on Wednesday, as the Fed’s chairwoman, Janet L. Yellen, began two days of biannual testimony on Capitol Hill. Ms. Yellen functions as the nation’s economic weatherwoman, and on Wednesday, she sounded more worried than at her last public…

The purpose of the federal reserve system is conducting the nations monetary policy by influencing money and credit conditions in the economy in pursuit of full employment and stable prices and also for maintaining the stability of the financial system and containing systemic risk that may arise in financial markets. The three tools of the federal reserve system is the discount rate, reserve requirements and open market operations. all those three tools affects…

The End of Summer Complacency The end of summer has seemingly brought a fresh wave of sobriety to global financial markets. The catalyst was Fed Chair Yellen’s speech at the Federal Reserve Bank of Kansas City’s annual conference on monetary policy in Jackson Hole. She stated that the case for a higher federal funds rate had recently strengthened. This hot topic of conversation subsequently shifted to one of how many hikes are potentially likely in 2016, as well as their timing. Chair Yellen’s…

The Reserve Bank Board meets eleven times per year (around once a month, except January). Minutes are publically available around two weeks post meeting. Statement on Monetary Policy Practitioners who wish to better understand RBA’s assessment of current economic…

billionaire club has nearly doubled to over 800 members from the original 450 members they originally had. Chossudovsky has a firm stance on the highly controversial 2003 invasion of Iraq. He argues that the United States invaded Iraq to secure oil reserves for American oil giants and to secure the Dollar as the trading currency for Oil. With Iraq holding 11% of the 70% of available oil and being located in a prime location, the forced acquisition of Iraq was not made under the belief that…

the Federal Reserve decide to lower interest in order to combat the high inflation and low employment growth. The recession slowly started to recover, during the summer of June 2009 it started to show improvement. After eight years of low interest rate (below zero). The Federal Reserve chairman Janet Yellen announced that the Fed would raise its targeted federal fund rate by 0.25, was post to do it June and/or September then decide to not to. Now in December 2016, the Federal Reserve is now…

The CFPB 's War on Installment Loans Hurts the Very People It Claims to Protect The CFPB 's War on Installment Loans Hurts the Very People It Claims to Protect The Consumer Financial Protection Bureau’s war on installment loans disenfranchises the people that it’s charged with protecting according to a report posted at Investors.com. The agency not only exceeds its legislative mandate but also uses questionable tactics that generate de facto legislative actions by enforcing laws that have not…

country was seen to be competitive, decentralized, and opaque. The high competition that was experienced by lenders with regards to market share and revenue were seen to be contributive towards risky lendings and declining underwritings. The Federal Reserve is also to blame for the recession, and this was brought about by the measures that were put forward by its chairman at the time Alan Greenspan. One of the actions that he took that was seen to have brought about the recession is the lowering…