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03

Federal Reserve Bank Changing Money Supply

   
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Title: Federal Reserve Bank Changing Money Supply
 
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Subject: Business
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Date: October 19, 2003
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Length: 2 / 534
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They also purchased government securities in the marketplace putting $30 billion into the hands of private citizens and businesses. What changes, if any, would you make at the next meeting of the Federal Reserve? I would not suggest any major changes other than the one already in progress...
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Consumers are rapidly switching form paper checks to electronic payments, and financial institutions adopt electronic check processing. Cleveland, Philide3lphia, Dallas and Atlanta are already regional check processing sites. In 2008, we should have 7 sites...
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