The Role of the Modern Federal Reserve
Clip: 1/12/2021 | 2m 37sVideo has Closed Captions
How does the nation’s central bank work to oversee the U.S. economy?
What is the role of the Federal Reserve in regulating the U.S. economy? The Fed has two major roles: monetary policy, accomplished through the setting of interest rates, and oversight of the financial system, such as the regulation of the banking system at large. Through these two sets of tools, the Fed can stimulate a sluggish economy, reduce inflation, and ensure banks are operating properly.
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Marriner Eccles: Father of the Modern Federal Reserve is a local public television program presented by PBS Utah
Funding provided by the Lawrence T. & Janet T. Dee Foundation, and by Vincent P. and Janet Mancini.
The Role of the Modern Federal Reserve
Clip: 1/12/2021 | 2m 37sVideo has Closed Captions
What is the role of the Federal Reserve in regulating the U.S. economy? The Fed has two major roles: monetary policy, accomplished through the setting of interest rates, and oversight of the financial system, such as the regulation of the banking system at large. Through these two sets of tools, the Fed can stimulate a sluggish economy, reduce inflation, and ensure banks are operating properly.
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Preview: 10/15/2019 | 1m | Discover one of the premier economic thinkers of his time. (1m)
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Clip: 1/12/2021 | 2m 38s | The Depression led Marriner to believe in a more active role of government in the economy. (2m 38s)
Marriner Eccles' Road to the Chairman of the Federal Reserve
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Clip: 1/12/2021 | 4m | In 1934, President Roosevelt appointed Marriner Eccles as chairman of the Federal Reserve. (4m)
Marriner Eccles – The Early Years
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Clip: 1/12/2021 | 5m 7s | Marriner Eccles' business knowledge came from working in his father's companies. (5m 7s)
The Treasury-Federal Reserve Accord
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Clip: 1/12/2021 | 2m 25s | The Treasury–Fed Accord of 1951 created the modern Federal Reserve as it exists today. (2m 25s)
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Preview: 1/12/2020 | 30s | Marriner Eccles shaped the Federal Reserve into the independent institution it is today. (30s)
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Marriner Eccles: Father of the Modern Federal Reserve is a local public television program presented by PBS Utah
Funding provided by the Lawrence T. & Janet T. Dee Foundation, and by Vincent P. and Janet Mancini.