Somali leaders have concluded a conference in the Puntland State of Somalia by signing an agreement on the formation of a new elected government. The three-day conference, attended by international delegates, ended early Saturday, with the Somali representatives agreeing to set up a bicameral legislature of upper and lower house representatives from the country’s states. […]
Somalia Leaders Sign Agreements on Formation of Government
U.S. Central Bank Monetary Policy Ensures Money and Credit
The Federal Reserve in the United States acts as the country’s central bank. It has a mandate to promote maximum employment, stable prices and moderate long-term interest rates. The “Fed” has three main functions: –Provides and maintains an effective payments system, –Supervises and regulates banking operations –Conducts monetary policy. Structure of the Federal Reserve System: […]
U.S. Central Bank Monetary Policy Ensures Money and Credit
The Federal Reserve in the United States acts as the country’s central bank. It has a mandate to promote maximum employment, stable prices and moderate long-term interest rates. The “Fed” has three main functions: –Provides and maintains an effective payments system, –Supervises and regulates banking operations –Conducts monetary policy. Structure of the Federal Reserve System: […]