This preview has intentionally blurred sections. Sign up to view the full version.View Full Document
Unformatted text preview: and relies on national and regional input to make monetary policy decisions. • The Federal Reserve is self-financed primarily from interest it earns on its portfolio of U.S. Treasury Securities, insulating it from much of the political pressure that exists in the Legislative and Executive Branches of the U.S. government....
View Full Document
This note was uploaded on 02/09/2010 for the course FIN 355 taught by Professor Phillips,s during the Spring '08 term at Syracuse.
- Spring '08