The Bank for International Settlements (BIS) aims to promote global monetary and financial stability through international cooperation among central banks and financial supervisory authorities.
The Discount Window is a facility provided by the Federal Reserve where banks can borrow money at the discount rate. This facility is meant for financial institutions that are in need of short-term funding to meet reserve requirements.
The European Central Bank (ECB) is the central bank responsible for monetary policy within the Eurozone, ensuring price stability and regulating member banks. It plays a critical role in European and global financial markets.
The European System of Central Banks (ESCB) is a central banking system comprised of the European Central Bank (ECB) and the national central banks of all EU member states, established to conduct monetary policy, ensure financial stability, maintain a common currency, and promote economic growth.
One of the 12 regional banks that, along with their branches, constitute the Federal Reserve System in the United States. These banks play a crucial role in monitoring the commercial and savings banks in their respective regions, ensuring compliance with Federal Reserve Board regulations, and providing access to emergency funds through the Discount Window.
The Federal Reserve Board, often referred to simply as the Fed, is the governing body of the Federal Reserve System, the central bank of the United States. Its major responsibilities include overseeing monetary policy, regulating banks, maintaining financial stability, and providing financial services.
The Federal Reserve Open Market Committee (FOMC) is a branch of the Federal Reserve Board that determines the direction of monetary policy specifically by directing open market operations.
The Federal Reserve System, established by the Federal Reserve Act of 1913, is the central banking system of the United States, playing a crucial role in regulating the country's monetary and banking system.
A Member Bank is a financial institution that is part of the Federal Reserve System, including all nationally chartered banks and state-chartered banks that meet certain standards and are accepted for membership.
Pertaining to, or having to do with, money, money creation, money supply, and government management of money.
Monetizing the debt refers to the process by which a government finances its national debt by printing new money, which often leads to inflation.
