St. Louis Federal Reserve

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The Federal Reserve Bank of St. Louis is one of 12 regional Reserve Banks that, along with the Board of Governors in Washington, D. C. , make up …

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3.8/5 · 5 reviews

Facts

Established:May 18, 1914

Frequently asked questions

Q:
What is the difference between “conducting” monetary policy and “implementing” monetary policy?
A:
The Federal Open Market Committee (FOMC) conducts monetary policy by setting the target range for the federal funds rate. The target range is typically 25 basis points wide...
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