15A. The U.S. Federal Reserve System
Author: J. VIRGIL MATTINGLY,
Language:
English
Keywords:
BOOK; independence of central banks; chapter; bank; independence; country; credit policy; bank supervisor; EC treaty; bank regulator; banking regulator; Legal support in revenue administration; Foreign banks; Government securities; Securities markets; Commercial banks; Global; Central and Eastern Europe; Eastern Europe; Europe; Caribbean; Federal Reserve Board employee; Federal Reserve Board membership; independence of the Federal Reserve System; Federal Reserve Board-dominated committee; FOMC decision-making; Central bank autonomy; Bank supervision; Open market operations

Abstract

The issue of central bank independence appears to be especially relevant today, as many countries around the world are grappling with the core issues of central banking: how a central bank should be structured and what powers it should have. These are issues that the founders of the Federal Reserve System were debating in 1913 and that continue to be debated today.

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Cover Current Legal Issues Affecting Central Banks, Volume III.
Current Legal Issues Affecting Central Banks, Volume III.
Volume III.
Author: Mr. Robert C. Effros
ISBN:
9781557754981
Publication Date:
03 Aug 1995
Publisher:
International Monetary Fund
DOI:
https://doi.org/10.5089/9781557754981.071
Pages:
679