Federal Reserve – Page 14 – itho's internet resources

European Central Bank (ECB): Definition, Structure, and Functions

By Itho June 24, 2005

[ad_1] What is European Central Bank (ECB)? The European Central Bank (ECB) is the central bank responsible for monetary policy of the European Union (EU) member countries that have adopted…

What Is the Automated Clearing House, and How Does It Work?

By Itho June 23, 2005

[ad_1] What Is the Automated Clearing House (ACH)? The Automated Clearing House (ACH) is an electronic funds-transfer system run by Nacha. The Automated Clearing House traces its roots back to…

Emergency Banking Act of 1933: Definition, Purpose, Importance

By Itho March 2, 2005

[ad_1] What Was the Emergency Banking Act of 1933? The Emergency Banking Act of 1933 was a bill passed in the midst of the Great Depression that took steps to stabilize…

Definition in Economics, Length, and Indicators

By Itho February 2, 2005

[ad_1] What Is Expansion? Expansion is the phase of the business cycle where real gross domestic product (real GDP) grows for two or more consecutive quarters, moving from a trough to a…

Accretive: Definition and Examples in Business and Finance

Black Tuesday: Causes, History, and Effects of the 1929 Stock Market Crash

By Itho November 26, 2004

[ad_1] What Is Black Tuesday? Black Tuesday occurred on Oct. 29, 1929, when the stock market crashed. The Dow Jones Industrial Average fell 12%, with over 16 million shares…

What Is Expectations Theory? Predicting Short-Term Interest Rates

By Itho December 17, 2003

[ad_1] What Is Expectations Theory? Expectations theory attempts to predict what short-term interest rates will be in the future based on current long-term interest rates. The theory suggests that an investor…