Federal Reserve System by Walter https://padlet.com/04walarcon/jzl8mo1fa1hjjd70 en-us 2020-05-14 15:24:50 UTC 2020-05-15 01:17:49 UTC hello@padlet.com What is the Federal Reserve System? When and why was it created? 04walarcon https://padlet.com/04walarcon/jzl8mo1fa1hjjd70/wish/572994163 The federal reserve system is the banking system in the United States. It was made to take care of financial crises. It was also made to alleviate financial aid. It helps figure out budgeting for the United States and steps we need to take to better the economy.]]> 2020-05-14 15:31:03 UTC https://padlet.com/04walarcon/jzl8mo1fa1hjjd70/wish/572994163 12 regional banks 04walarcon https://padlet.com/04walarcon/jzl8mo1fa1hjjd70/wish/573387205 The regional banks enforce monetary policies, making sure that depository institutions can access their money at the current discount rate.They are located in 
Boston
new York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
Saint Louis
Minneapolis
Kansas city
Dallas
San Francisco]]> 2020-05-14 17:54:48 UTC https://padlet.com/04walarcon/jzl8mo1fa1hjjd70/wish/573387205 How does it relate to the fiscal policy? 04walarcon https://padlet.com/04walarcon/jzl8mo1fa1hjjd70/wish/573422224 Fiscal policy relates to the regional banks through monetary value. The fiscal policy is a policy to keep the level of spending in the United States at an even level. If you maintain it at an even level if wont hurt the economy.]]> 2020-05-14 18:09:06 UTC https://padlet.com/04walarcon/jzl8mo1fa1hjjd70/wish/573422224 What power does the Board of Governors have? and what do they do 04walarcon https://padlet.com/04walarcon/jzl8mo1fa1hjjd70/wish/573918087 The board of governors is charged with watching over the 12 regional banks. They control what happens and where the money goes in the banks.]]> 2020-05-14 23:02:11 UTC https://padlet.com/04walarcon/jzl8mo1fa1hjjd70/wish/573918087 What does the federal open committee do? 04walarcon https://padlet.com/04walarcon/jzl8mo1fa1hjjd70/wish/574019919 They are a committee that looks after the open market of the United States.They make key decisions about interest rates and how they should be applied in banks.]]> 2020-05-15 00:44:49 UTC https://padlet.com/04walarcon/jzl8mo1fa1hjjd70/wish/574019919 How does COVID-19 effect whats going on with the fed? 04walarcon https://padlet.com/04walarcon/jzl8mo1fa1hjjd70/wish/574024075 1.There has been a cut in the federal funds rate
2.The federal banks are lending 2.3 trillion dollars to help government employees.
3.All government employees are being forced to work from home.]]> 2020-05-15 00:48:58 UTC https://padlet.com/04walarcon/jzl8mo1fa1hjjd70/wish/574024075