the Federal Reserve

the Federal Reserve - used as a proxy for long-term...

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1. The Federal Reserve : On December 23, 1913, the Federal Reserve System, which serves as the nation's central bank 2. Asset purchases : Transaction situation where a business' assets and certain liabilities are acquired and folded into an existing company or transferred to a new company 3. Boost: increase or raise 4. Treasury bond ( T-Bonds , or the long bond ) have the longest maturity, from twenty years to thirty years - the yield on the most recent T-Bond offering was commonly
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Unformatted text preview: used as a proxy for long-term interest rates in general 5. quantitative easing (QE) describes a monetary policy used by central banks to increase the supply of money by increasing the excess reserves of the banking system 6. is interest rate paid by banks in the overnight money market 7. The OCR cannot be changed by transactions between financial institutions as this does not change the supply of money, only its location Ti t m 3 slide ng nha!...
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This note was uploaded on 05/02/2011 for the course FINANCE 9924603 taught by Professor Ssgdbfb during the Spring '11 term at Kyung Hee.

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