FEDERAL RESERVE

Federal Reserve



Federal Reserve

Introduction

Federal Reserve exists to play a role as the last resort of lender for the US economy where International Monetary Fund's (IMF) exists to play a similar role for global economy. The worldwide Monetary finance has become a mighty worldwide institution that presents borrowings to governments of constituent nations unable to rendezvous their worldwide financial obligations, such as to public and personal lenders or to trade partners. The IMF has performed a role as a world finance minister that monitors the global finances double-checking that trade and exchange is happening smoothly.

Federal Reserve affects Economy

The issue ...