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What federal agency is responsible for managing inflation?

the federal reserve board


What does the Federal Reserve Board attempt to achieve by limiting the instability of inflation?

economic stability.


How does the Federal Reserve Board fight inflation or what actions does it take to combat a bad economy?

the board sell securities and increase discount rates


Most economists believed that the main credit for bringing inflation under control in the early 1980s belonged to?

The Federal Reserve Board


What government agency conducts monetary policy in the United States?

The Federal Reserve is responsible for managing the money supply in the U.S.


If the Federal Reserve Board decides there is a danger of inflation due to excessive speculation of the stock exchanges it may raise the margin requirements?

MONETARY POLICY


The Federal Reserve Board decides there is a danger of inflation due to excessive speculation of the stock exchanges it may raise the margin requirements?

monetary policy


If the Federal Reserve Board decides there is a danger of inflation due to excessive speculation of the stock exchanges it may raise the margin requirements.?

MONETARY POLICY


Why is inflation a constant concern of the Federal Reserve Board?

Inflation is a constant concern for the Federal Reserve Board because it directly impacts the purchasing power of consumers and the overall stability of the economy. High inflation can erode savings and lead to uncertainty, while deflation can stifle economic growth. The Fed aims to maintain a stable inflation rate to foster a healthy economy, promote maximum employment, and ensure price stability. By managing inflation, the Fed seeks to create an environment conducive to sustainable economic growth.


What action by President Jimmy Carter helped to solve the problem of inflation?

The appointment of Paul Volcker to the Federal Reserve Board


What limiting the instability of inflation the Federal Reserve Board attempts to achieve?

The Federal Reserve Board aims to limit inflation instability by targeting a stable inflation rate, typically around 2% annually. This helps maintain purchasing power and fosters predictable economic conditions, which are essential for consumer and business planning. By using tools like interest rate adjustments, the Fed seeks to mitigate extreme fluctuations in inflation, thereby promoting sustainable economic growth and employment. Such stability is crucial for maintaining confidence in the economy.


What is the purpose of the Federal Reserve Board?

The Purpose of the United States Federal Reserve Board is that of a governing body to oversee and make important decisions to do with the Federal Reserve Bank and the United States' currency and monetary issues.