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Summary
A diagram of U.S. Federal Reserve Monetary Policymaking by oversight of the Federal Reserve Open Market Committee
- Federal Reserve Board of Governors and Reserve District Bank presidents oversee daily (business day) open market operations
- Reserve District Bank directors establish the discount rate every two weeks, subject to approval by the Board of Governors
- The Board of Governors sets reserve requirements, but changes them only rarely.
Image is linked on this page: The Federal Reserve System in Action archive copy at the Wayback Machine
Licensing
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This work is in the public domain in the United States because it is a work prepared by an officer or employee of the United States Federal Government as part of that person’s official duties under the terms of Title 17, Chapter 1, Section 105 of the US Code.
Note: This only applies to original works of the Federal Government and not to the work of any individual U.S. state, territory, commonwealth, county, municipality, or any other subdivision. This template also does not apply to postage stamp designs published by the United States Postal Service since 1978. (See § 313.6(C)(1) of Compendium of U.S. Copyright Office Practices). It also does not apply to certain US coins; see The US Mint Terms of Use.
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| Date/Time | Thumbnail | Dimensions | User | Comment | |
|---|---|---|---|---|---|
| current | 05:46, 11 July 2008 | | 309 × 249 (34 KB) | Analoguni~commonswiki | A diagram showing the organization of the Federal Reserve System. Found on this page: http://www.richmondfed.org/publications/educator_resources/the_federal_reserve_system_in_action/index.cfm and located at: http://www.richmondfed.org/publications/educat |
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