81. BBC News | BUSINESS | Japan Joins Economic Support Drive Japan eases monetary policy, joining a global drive to seeoff recession and calm markets following last week's terrorist attacks. http://news.bbc.co.uk/hi/english/business/newsid_1550000/1550348.stm

CATEGORIES TV RADIO COMMUNICATE ... INDEX SEARCH You are in: Business Front Page World UK ... AudioVideo SERVICES Daily E-mail News Ticker Mobiles/PDAs Feedback ... Low Graphics Tuesday, 18 September, 2001, 12:15 GMT 13:15 UK Japan joins economic support drive The Bank of Japan has responded to US and eurozone rate cuts Japan has joined the US, Europe and Canada in easing monetary policy, in an effort to see off recession and calm markets following last week's terrorist attacks. The Bank of Japan (BoJ) has cut its discount rate to 0.10% from 0.25%. The move follows interest rate cuts ordered on Monday by central banks in countries including the US and Canada, and by the European Central Bank, which controls rates in the 12 states which have adopted the euro. Shortly after the BoJ decision, the Bank of England said it was cutting its key interest rate by 0.25% to 4.75%. 'New era' The cut in Japanese discount rates, which govern the interest the BoJ charges for loans to commercial banks, was interpreted as a small but symbolic move to back global economic support efforts. The BoJ's room to manoeuvre was limited by a decision in March to cut its main interest rate back to zero, to support economic growth in a country already suffering its worst slump in 50 years.

82. Bank Of Thailand Decisions of the monetary policy Committee, guide to financial investment in Thailand, debt issuance announcements, payment systems, banknotes, and details of assistance to priority economic sectors. http://www.bot.or.th/

Ekachai Viyada CDRAC FIDF ... Article : Informal Workouts for Corporate Debt Restructuring in Thailand Mechanism Core Purpose To provide a stable financial environment Symbols used General Press/Speeches/E-releases BOT Services Procurement Laws ... Survey Forms D ata Bank Economic Conditions Economic Data Secondary Data Regional Economies ... Research and Publications Bank at Work BOT Today About the BOT Rate Policies Financial Institutions Supervision ... Data Management System SEARCH Frequently Used Please select- Foreign Exchange Rates Interest Rates Yield Curve SDDS Quarterly GDP NPL Organization Chart Bank Holiday The Latest Result of Treasury Bill Auction The Latest Result of Debt Restructuring Bill Auction The Latest Result of Government Bond Auction The Latest Result of Bank of Thailand Bond Auction The Latest Result of FIDF Bond Auction Highlights

83. ÈNB - Èeská Národní Banka Legal function, monetary policy, banking supervision, payment systems, and economic and financial statistics. http://www.cnb.cz/

var stav_m = Get_Cookie('stav'); Delete_Cookie('stav'); English Kontakty SMTP spojení FAQ ... Pro tisk Zvolte polo¾ku Jak do expozice? Poboèky ÈNB Aktuální kurz CZK Kurzy CZK - historie Prùmìrné kurzy Historie diskontní sazby Oznamovací povinnost Pamìtní Ag mince Pamìtní Au mince Plán emise pamìtních mincí Výmìna býv. mìn zemí EMU Prùmìrné úrokové sazby bank Kongresové centrum Zvolte polo¾ku Inflaèní cíle Prognóza inflace Inflaèní oèekávání fin. trhu Dekádní bilance ÈNB Mìnový pøehled Mìnová báze Metod.materiály bank.dohledu Zákl.ukazatele bank.sektoru Denní likvidita bank. sektoru Trh státních dluhopisù Krátkodobé dluhopisy-TKD2002 Mìnovì finanèní instituce Harmonizovaná mìnová stat. - data Pøímé zahranièní investice Publikace vydávané ÈNB On-line katalog knihovny ÈNB Fondy archivu ÈNB Zvolte polo¾ku Tiskové zprávy Autorské èlánky a rozhovory Stanoviska k mìn. otázkám Týdenní ohlasy v tisku Svátky v ÈR Harm. uveøejòování údajù ÈNB Kalendáø jednání BR ÈNB Zápisy z jednání BR ÈNB Fotogalerie Guvernéøi ÈNB Pøímá linka Kurzy devizového trhu PRIBOR Zápisy z jednání BR Seznam bank ... Roèní zpráva o výsledku hospodaøení Èeské národní banky za rok 2002 (PDF, 797 kB) Finanèní výkazy za rok konèící 31.12.2002

84. Reserve Bank Of India... Information about monetary policy and operations, issues of government securities, financial and economic statistics, and the RBI museum. http://www.rbi.org.in/

For site in Hindi click here Site Map About Us ... Helpdesk Search All sections, Exact phrase Advanced Search RBI Reference Rate INR/USD INR/EURO April 10 Last Day Reference Rate Archive... Do you want to Personalize RBI site? Login name: Password: Help to Personalize the RBI site Click here to create new profile.. Forgot Password.. Graphics designed by Sirius Interactive Site programmed and managed by Net Access (India) Private Limited Lending Rates of Banks Money Market Operations LAF ... ICICI Bank's Financial Position Sound : RBI

85. U.S. Monetary Policy During The 1990s In us monetary policy in the 1990s (NBER Working Paper a concurrent stability in botheconomic growth and played a large, independent role in monetary policy. http://www.nber.org/digest/dec01/w8471.html

Jump to the Navigation Bar U.S. Monetary Policy During the 1990s U.S. Monetary Policy During the 1990s "Each rise in the inflation rate was met by an even larger rise in the nominal interest rate. This kept the inflation rate from being volatile, for the more the Fed responds to inflationary pressures, the less problematic inflation becomes, and the less the Fed has to respond to later." In U.S. Monetary Policy in the 1990s NBER Working Paper No. 8471 ), NBER Research Associate Gregory Mankiw analyzes the degree to which the monetary policies of Federal Reserve Chairman Alan Greenspan were responsible for the American economy's remarkable performance in the 1990s. Mankiw readily applauds those policies, but places them in certain contexts so as to gain a fuller understanding of the economy's dazzling decade. To begin with, Mankiw points out that the famously low inflation rate of the last decade was not unique. It was certainly a dramatic change from the 1970s and 1980s, but in fact the 1950s and 1960s were also marked by very low inflation rates. The notable difference in the 1990s that Mankiw finds is the much higher degree of inflation stability the rate being a third less volatile than in the 1980s and a quarter less volatile than in the 1960s. This is significant because standard theory holds that the cost of incremental inflation rises with inflation itself. The cost of a steady 4 percent inflation, for example, is less than the average cost of inflation that fluctuates between 2 and 6 percent. In addition, a highly volatile inflation rate creates unnecessary risks for both debtors and creditors.

86. Federal Reserve Bank Of St. Louis Eighth Federal Reserve, which comprises Arkansas, Illinois, Kentucky, Mississippi, Missouri and Tennessee Category Society Government Central Banks us Federal Reserve...... Alan Greenspan Presents His Semiannual monetary policy Report to Louis Fed's economiceducation newsletter. The us Treasury has created a Frauds, Phonies and http://www.stls.frb.org/

The Labor Market and Economic Growth What has helped the U.S. economy maintain its edge over those of other industrialized nations? In his most recent speech , St. Louis Fed President Bill Poole discusses this issue and also provides several reasons why U.S. workers, on average, experience relatively short periods of unemployment. Bill Poole Bio Previous Poole Speeches Financial Education: There's a Lot to Learn about Money "No matter who you are, making informed decisions about what to do with your money will help build a more stable financial future for you and your family." Federal Reserve Chairman Alan Greenspan. We can help. Check out our new list of consumer resources and our national web site FOMC Leaves Rates Untouched... Read the FOMC's most recent decision to leave rates unchanged. . . and how the

87. Glossary Of Frequently Used Terms - M process of managing the supply of money and credit to contribute to economic performance.The Bank of Canada manages Canadian monetary policy mainly through http://www.fin.gc.ca/gloss/gloss-m_e.html

Français Contact Us Help Search ... U-Z M A federal tax reduction is provided on Canadian manufacturing and processing income not subject to the small business deduction marginal tax rate taux marginal d'imposition ou de taxation The ratio of the increase in tax to the increase in the tax base (i.e. the tax rate on each additional dollar of income ). A single individual earning $40,000 who experiences a $1,000 increase in income and has to pay an additional $452 in income tax has a marginal tax rate of 45.2 per cent ($452 divided by $1,000). market transparency transparence du marché Within the context of debt management, characterisations of a bond market where debt management strategies and operations are visible and well understood by market participants. marketable debt dette contractée sur les marchés Debt instruments that have a secondary market where they can be bought and sold by investors after they are first issued. Government of Canada marketable debt is issued in a number of forms including fixed-coupon marketable bonds Medium Term Notes Treasury bills real return bonds and Canada bills . All Canadian dollar denominated marketable debt is initially sold by auction to primary dealers (chartered banks and investment dealers), who then resell the bonds to individual investors. For more information, visit the Department of Finance

88. IMF World Economic Outlook (WEO), Fiscal Policy And Macroeconomic Stability, May 1.2, Sustainability of the us External Current Account. 1.3, Japan's Recent Monetaryand Structural policy 1.1, Overview of the World economic Outlook Projections. http://www.imf.org/external/pubs/ft/weo/2001/01/

The WEO Database May 2001 Transcript of a Press Conference on the World Economic Outlook, April 26, 2001 Ordering Information Other issues of the World Economic Outlook WEO Selected Topics, 1995 - present Research at the IMF WORLD ECONOMIC AND FINANCIAL SURVEYS World Economic Outlook Fiscal Policy and Macroeconomic Stability May 2001 A Survey by the Staff of the International Monetary Fund The World Economic Outlook presents the IMF staff’s analysis and projections of economic developments at the global level, in major country groups (classified by region, stage of development, etc.), and in many individual countries. It focuses on major economic policy issues as well as on the analysis of economic developments and prospects. It is usually prepared twice a year, as documentation for meetings of the International Monetary and Financial Committee, and forms the main instrument of the IMF’s global surveillance activities. Use the free Adobe Acrobat Reader to view PDF files. Contents 129k pdf Assumptions and Conventions Preface Chapter I.

89. Business 2.0 - Magazine Article - Leading Us Into Economic could use tax and spending policy effectively to time the cuts took effect, new economicexpansions were tax overhaul was accomplished reminded us that fiscal http://www.business2.com/articles/mag/0,1640,17383|2,00.html

Try an Issue of Business 2.0 Free! Expanded Search document.writeln(styles); document.write(form_body); ECONOMY Leading Us Into Economic Recovery By Rob Norton November 2001 Issue E-Mail This Article Format for Printing Write to the Editor Related Articles The $30 Billion Explosion - October 01, 2001 Fortune Rebuilding Wall Street - October 01, 2001 Fortune Gauging the U.S. Economy - September 14, 2001 Business 2.0 Cheat Sheet: A Civilian's Guide to the Economy - August 01, 2001 Business 2.0 Recommended Links Aviation Industry: Airline Bailout Economics: Reference Sites Key U.S. Economic Indicators U.S. Monetary Policy The nature of the recovery will also depend on the effectiveness of the government's nonmilitary recession-fighting initiatives. Few economists found fault with Washington's immediate responses to the economic threat posed by the attacks. Those included a half-point interest rate cut by the Federal Reserve (the federal funds rate is down to 3 percent, nearly the lowest it has been in 40 years), lightning-swift enactment of a $40 billion disaster-relief package by Congress, and a $15 billion package of direct aid and loan guarantees for the crippled airline industry. Longer-term measures to fend off recession were also under discussion within a week of the disaster. Republicans talked up a capital gains tax cut and an investment tax credit to boost business spending and capital formation; Democrats were urging a cut in payroll taxes to increase consumer spending. Based on both the history and the political appeal of tax-relief legislation, a good early bet is that all three will be enacted in some form this year, so long as the economy appears to be struggling. Both parties seem likely to agree to big boosts in government spending that should also help stimulate the economy.

90. The Levy Economics Institute policy Notes 2003/2 Reforming the Euro's Institutional Swindle and The Larger InternationalMonetary Problem 2002 Fails to Fire Sputtering us economic Motor 2001 http://www.levy.org/main.html

Can Monetary Policy Affect the Real Economy? The Dubious Effectiveness of Interest Rate Policy Philip Arestis and Malcolm Sawyer Physician Incentives In Managed Care Organizations Medical Practice Norms and the Quality of Care David J. Cooper and James B. Rebitzer Should Banks Be "Narrowed"? An Evaluation of a Plan to Reduce Financial Instability Biagio Bossone Optimal CRA Reform Balancing Government Regulation and Market Forces Kenneth H. Thomas The Economic Consequences of German Unification: The Impact of Misguided Macroeconomic Policies Racial Wealth Disparities Is the Gap Closing? ... Edward N. Wolff 13th Annual Hyman P. Minsky Conference on the State of the U.S. and World Economies "Economic Policy for Sustainable Growth" Tuesday, April 15, 2003 The Levy Economics Institute of Bard College The US Economy; A Changing Strategic Predicament by Wynne Godley February, 2003 Is Personal Debt Sustainable? by Dimitri B. Papadimitriou, Senior Scholar Anwar Shaikh, and Research Scholars Claudio dos Santos and Gennaro Zezza, 2002 Strategic Prospects and Policies for The U.S. Economy

91. Federal Reserve Policy, Inflation, & Inflation Targeting -- Joint Economic Commi to the Federal Reserve and us Treasury earlier Since that time, however, the economiclandscape has The international monetary system has been transformed and http://www.house.gov/jec/fed.htm

F EDERAL R ESERVE P OLICY, I I NFLATION T ARGETING Inflation Targeting Goals for the Federal Reserve (JEC Study May 2002) [Download in PDF format] Top of Page The Performance of Current Monetary Policy Indicators (JEC Study October 2000) Price stability is currently a central focus of U.S. monetary policy. Because of well-known policy lags and the need for preemptive policy action, the Federal Reserve necessarily uses intermediate indictors to help attain its inflation goals. Currently, there is disagreement among economists as well as Federal Reserve policy makers as to the proper set of intermediate indictors to use in conducting a price stabilizing monetary policy. Some analysts, for example, use models that typically embody a “Phillips curve” relationship relating inflation positively to an “output gap,” typically using the gap between actual unemployment and NAIRU or the gap between actual GDP and potential GDP as inflation guides. In recent years, however, these models have not performed well; their inflation forecasts have persistently been higher than actual inflation. There are a number of problems associated with the use of NAIRU or potential GDP as policy guides in a price stabilizing monetary policy strategy. These problems, together with the recent poor inflation forecasting record of these variables, suggest that alternative policy guides should be considered. Market price indicators are such an alternative useful set of guides to a price stabilizing monetary policy. These indicators commodity price indices, the foreign exchange value of the dollar, and long-term bond yields have a number of advantages as policy guides, especially when they are jointly assessed in conjunction with one another. Recently, these indicators consistently provided reliable signals as to the direction of and to future movements in core general prices. The inflation signals of these indicators were consistent with the actual benign core inflation that characterized the period. In this sense, these indicators provided more reliable inflationary signals than the above-described “gap” models that consistently predicted higher than actual inflation.

92. Euro-g: Economic And Monetary Union has been the creation of the economic and monetary Implementation of full monetaryunion with a single Trade Information Center, us Department of Commerce Fax http://infoserv2.ita.doc.gov/ticwebsite/euweb.nsf/3d1e6f0a8c9a3f93852566bb0071eb

Trade Information Center 1-800-USA-TRADE Export Questions Country Info Trade Offices Resources ... Export Programs European Union Euro-g: Economic and Monetary Union Economic and Monetary Union (mid-year 2002) The most important economic policy initiative in the European Union in the last decade has been the creation of the Economic and Monetary Union (EMU) and the launch of a single currency, the euro, in 12 Member States. Key institutional features are the Stability and Growth Pact, which provides guidelines for fiscal policy coordination among Member States, and the European Central Bank (ECB), which oversees monetary policy. The Stability and Growth Pact preserves of much the same criteria that EU Member States qualifying for EMU membership were required to meet as a precondition to fully join the currency area. These fairly stringent "convergence criteria" included: a budget deficit under three percent of GDP; national debt below or approaching the reference value of 60 percent of GDP; an inflation rate not exceeding 1.5 percentage points of the average of the three Member States with the lowest inflation rates; long-term interest rates no more than two percentage points above the average of the three Member States with the lowest interest rates; and an exchange rate within the "normal" fluctuation bands in the Exchange Rate Mechanism (ERM) for the most recent two years. In May 1998, Member State heads of government approved 11 states for membership in the single currency (euro) area. Of the remaining four, the UK and Denmark opted not to adopt the new currency, while Greece and Sweden failed to meet the convergence criteria. In June 2000, heads of state approved Greece for membership beginning January 1, 2001.

93. Economic And Financial Policy Review - Home The Federal Reserve Bank of Dallas' primary research publication contains articles centered specifically Category Science Social Sciences Financial economics Publications...... Go Social Security and the Aging of America An economic Analysis Alan D AlternativeMonetary Constitutions and the Quest for Price Stability Finn E Contact us, http://dallasfedreview.org/

2002 Articles VOLUME 1, NUMBER 6, 2002 Using the Purchasing Managers’ Index to Assess the Economy’s Strength and the Likely Direction of Monetary Policy Evan F. Koenig VOLUME 1, NUMBER 5, 2002 Auditing the Auditors: Oversight or Overkill? Jeffery W. Gunther and Robert R. Moore VOLUME 1, NUMBER 4, 2002 Pay-As-You-Go Social Security and the Aging of America: An Economic Analysis Alan D. Viard VOLUME 1, NUMBER 3, 2002 An Overview of Science and Cents: Exploring the Economics of Biotechnology VOLUME 1, NUMBER 2, 2002 Banks Venture into New Territory Kenneth J. Robinson VOLUME 1, NUMBER 1, 2002 Alternative Monetary Constitutions and the Quest for Price Stability Finn E. Kydland and Mark A. Wynne E-mail Subscriptions To receive an e-mail announcing the latest issue, enter your e-mail address below and click Subscribe. More options >> Contact Us Send us your questions and comments.

94. SIEPR Centers And Programs - Research Programs - Macroeconomics And Monetary Pol NorthHolland) and monetary policy Rules (University of Chicago Press) whichfocus on the latest ideas in macro-economic and monetary policy research. http://siepr.stanford.edu/programs/macroeconomics_program.html

Centers and Programs Research Programs Printer view ... Research Programs Macroeconomics and Monetary Policy Program John B. Taylor , Director (currently on leave) This program researches the aggregate level of economic activity and employment and the control of the national money supply. New quantitative tools for measuring and forecasting changes in economic performance, developed under the direction of this program, have helped economists and policy makers. This program sponsors an annual conference with the San Francisco Federal Reserve Bank. The first conference, held in 1992, focused on lessons from the then recent 1990-91 recession. The 8th conference , held in March 2000, focused on the role of monetary policy in the New Economy. The research has given way to numerous papers and books, including the recently published Handbook of Macroeconomics (North-Holland) and Monetary Policy Rules (University of Chicago Press) which focus on the latest ideas in macro-economic and monetary policy research. Additional research, writings, and official speeches on monetary policy rules can be found at

95. Monetary Policy -- February 2001 Economic Trends http://www.clev.frb.org/Research/Et2001/0201/Html/ustrad.htm

FRB CLEVELAND Economic Trends February 2001 TRADE BALANCE IN GOODS AND SERVICES TRADE IN SERVICES/TRADE IN GOODS TRADE IN SERVICES: AVERAGE ANNUAL GROWTH, 1989-99 TRADE IN SERVICES, 1989-99 While many Americans are aware of the enormous overall U.S. trade deficit, few realize that our trade in services shows a surplus. The overall trade deficit results solely from our trade in goods. The trade balance in services has been in surplus for more than 15 years and has helped to offset the large and growing trade deficit in goods. In 1999, the U.S. had a surplus of $80.6 billion on cross-bordertransactions in private services, compared with a $345.6 billion deficit on trade in goods. Royalties and licensing as well as other private services (such as financial services and business, professional, and technical services) make up 49% of total services exports. They have grown rapidly in the past decade and accounted for most of the services surplus in 1999. Other, more traditional services, such as tourism and transportation, constitute 45% ofservice exports. Sources Index

96. Economic Indicators Sitemap, FAQs, About us, Contact us, policy Statement policy Targets Agreement Monetarypolicy Review. Release dates economic indicators Exchange interest rates http://www.rbnz.govt.nz/statistics/econind/

Economic Indicators Selected macro-economic data. Statistics New Zealand, New Zealand's national statistical office, is the source of the majority of these series. For more detailed information regarding these series or accessing longer time series please visit www.stats.govt.nz A4: Labour market and balance of payments For more detailed information on the series - Registered Unemployed, please visit http://www.winz.govt.nz/text_only/publications_and_reports/statistics/ Summary tables Historical Series (Excel spreadsheet) A1 Domestic trade A1: historical series A2 Investment A2: historical series ... J5 Marketscope survey No historical series available J6 Survey of expectations No historical series available About monetary policy Monetary Policy Statement Policy Targets Agreement Monetary Policy Review ... Terrorism

97. Reserve Bank Of New Zealand monetary policy, statistics, the banking system and New Zealand's unusual method of supervision, payment Category Society Government Finance Central Banks...... The assessment of the possible economic impact is indicative only and based ReserveBank today explained how exchange rate movements impact on monetary policy. http://www.rbnz.govt.nz/

Credit aggregates Credit cards: Balances Credit cards: Billings Exchange rates ... from the Reserve Bank Want to know what the Reserve Bank is doing when it happens? You can. Sign up for the Reserve Bank Email Service to get the latest news, by email, hot off the press for free. The Official Cash Rate is 5.75 per cent News release Historical rates Upcoming OCR/MPS announcements RBNZ banking and governance in New Zealand 7 April 2003 The Reserve Bank today explained how it sees banking supervision evolving in New Zealand. In a speech Reserve Bank Governor Alan Bollard reviewed the principles of good corporate governance and how the Reserve Bank applies them to the banking sector. March 2003 Reserve Bank Bulletin Released 28 March 2003 The Reserve Bank today released the March 2003 issue of the Reserve Bank of New Zealand Bulletin New section added to the Reserve Bank website 13 March 2003 A new section Foreign Reserves has been added to the Reserve Bank website. OCR unchanged at 5.75 per cent 6 March 2003 The Reserve Bank today left the Official Cash Rate unchanged at 5.75 per cent. Reserve Bank personnel changes 3 March 2003 The Reserve Bank today announced two impending changes in the Bank's senior management team.

98. Poole Speeches - St. Louis Fed 2002. Growth Prospects for the us Economy — AAIM First Conference of the MonetaryStability Foundation and Fed policy — Midwest economic Education Conference http://stlouisfed.org/news/speeches.html

You Are Here: HOME : Speeches News Releases Speeches William Poole Press Room ... Links Speeches William Poole , president and CEO, Federal Reserve Bank of St. Louis The Labor Market and Economic Growth Housing in the Economy Booms, Recessions and the Economically Disadvantaged Whither Investment? ... Synching, Not Sinking, the Markets [See William Poole and Robert H. Rasche, "Perfecting the Market's Knowledge of Monetary Policy," Federal Reserve Bank of St. Louis Working Paper 2000-010A] Inflation Hawk = Employment Dove The Federal Reserve as a Democratic Institution A St. Louis Fed Perspective on Long-Term Economic Growth Monetary Policy Rules? ... Whither the U.S. Credit Markets? NOTE: This speech is similar in topic to one delivered by Mr. Poole at St. Louis University on Oct. 20, 1998, which was titled "A Perspective on Credit Markets Today." Is Inflation Too Low?

99. Economics While fiscal policy often has considerations that are more salient than economics,monetary policy is implemented with economic concerns, most often issues of http://www.polisci.com/almanac/economics.htm

Last updated April 2001 New Data Economics Government involvement in economics includes two somewhat distinct spheres of policy activity. Fiscal policy affects the economy through budgetary and regulatory means implemented through the regular legislative and executive functions of federal, state, and local governments. Monetary policy affects the economy through interest rate manipulation and money supply controls implemented through the Federal Reserve System. While fiscal policy often has considerations that are more salient than economics, monetary policy is implemented with economic concerns, most often issues of price stability and employment, as the central focus. Economic Statistics The World's Fifty Largest Economies Summary of U.S. Economic Indicators U.S. Gross Domestic Product U.S. Real Gross Domestic Product ... State Economic Indicators United States Federal Government Budget Federal Budget Summary Federal Government Budget by Function Federal Government Budget by Agency State Government Budgets: Introduction and Notes State: Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming

100. Glossary Of Monetary Policy Terms In the us, paper currency (nearly all of of helping to promote high employment, economicgrowth, price The primary tools of monetary policy include open market http://www.e-analytics.com/glossary/glossar3.htm

Take 10% off all our financial books!!! Discount Bookstore Earnings Calendar Stock Splits Economic Calendar ... Home Equity Analytics, Ltd. Phone: 631-696-9784 Fax: 631-696-9788 E-Mail: info@equityanalytics.com Glossary Of Monetary Policy Terms Bankers Acceptance These are negotiable time drafts, or bills of exchange, that have been accepted by a bank which, by accepting, assumes the obligation to pay the holder of the draft the face amount of the instrument on the maturity date specified. Bankers Acceptance's are generally used to finance the export, import, shipment, or storage of goods. Book-Entry One form in which Treasury and certain government agency securities are held. Book-entry form consists of an entry on the records of the U.S. Treasury Department, a Federal Reserve Bank, or a financial institution. No actual certificate is sent to the owner of the security. The record of your ownership resides on computer. Certificate Of Deposit (CD) A time deposit at a bank or savings institution. A time deposit cannot be withdrawn before a specified maturity date without being subject to an interest penalty for early withdrawal. Small-denomination CDs are often purchased by individuals. Usually, Large CDs of $100,000 or more are in negotiable form. In other words, large CD's can be sold or transferred among holders before maturity. Demand Deposit A demand deposit is usually in the form the form of a checking account.A deposit is payable on demand, or it can be a time deposit with a maturity period or required notice period of less than 14 days, on which the depository institution does not reserve the right to require at least 14 days written notice of intended withdrawal.

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