Federal Open Market Committee

•  Federal Reserve System

  The Federal Reserve System (also known as the Federal Reserve, and informally as the Fed) is the central banking system of the United States. It was conceived by several of the world's leading bankers in 1910 and enacted in 1913, with the passing of the Federal Reserve Act. The passing of the Federal Reserve Act was largely a response to prior financial panics and bank runs, the most severe of which being the Panic of 1907.

  

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•  Federal Reserve Act

  The Federal Reserve Act is the act of Congress that created the Federal Reserve System, the central banking system of the United States of America, which was signed into law by President Woodrow Wilson.

  

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•  Federal Reserve Note

  A Federal Reserve Note is a type of banknote. Federal Reserve Notes are printed by the United States Bureau of Engraving and Printing on paper made by Crane & Co. of Dalton, Massachusetts. They are the only type of U.S. banknote that is still produced today and they should not be confused with Federal Reserve Bank Notes. Federal Reserve Notes "are authorized" by Section 411 of Title 12 of the United States Code.

  

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•  Samuel P. Bush

  Samuel Prescott Bush (October 4, 1863 – February 8, 1948) was an American industrialist and entrepreneur, and the patriarch of the Bush political family. He was the father of U.S. Senator Prescott Bush, grandfather of former U. S President George H. W. Bush, and great-grandfather of former U.S. President George W. Bush.

  

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•  Automated Clearing House

  Automated Clearing House (ACH) is an electronic network for financial transactions in the United States. ACH processes large volumes of credit and debit transactions in batches. ACH credit transfers include direct deposit payroll and vendor payments. ACH direct debit transfers include consumer payments on insurance premiums, mortgage loans, and other kinds of bills.

  

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•  Taylor rule

  In economics, a Taylor rule is a monetary-policy rule that stipulates how much the central bank would or should change the nominal interest rate in response to divergences of actual inflation rates from target inflation rates and of actual Gross Domestic Product (GDP) from potential GDP. It was first proposed by the U.S. economist John B. Taylor in 1993. The rule can be written as follows: In this equation, is the target short-term nominal interest rate (e.g.

  

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•  Prime rate

  Prime rate, or Prime Lending Rate, is a term applied in many countries to a reference interest rate used by banks. The term originally indicated the rate of interest at which banks lent to favored customers, i.e. , those with high credibility, though this is no longer always the case. Some variable interest rates may be expressed as a percentage above or below prime rate.

  

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•  Federal funds rate

  In the United States, the federal funds rate is the interest rate at which private depository institutions (mostly banks) lend balances at the Federal Reserve to other depository institutions, usually overnight. It is the interest rate banks charge each other for loans. The interest rate that the borrowing bank pays to the lending bank to borrow the funds is negotiated between the two banks, and the weighted average of this rate across all such transactions is the federal funds effective rate.

  

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•  Bank holding company

  A bank holding company is a company that controls one or more banks.

  

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•  Walter Wyatt

  Walter Wyatt (July 20, 1893 – February 26, 1978) was an American lawyer, who served as the twelfth Reporter of Decisions of the Supreme Court of the United States. Born in Savannah, Georgia, Wyatt received his LL.B. from the University of Virginia in 1917. During World War I, Wyatt worked as legal adviser to the Selective Service System, the federal agency charged with enforcing the newly implemented military draft.

  

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• 1933 establishments by likeorhate

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•  Nine Men's Morris

  Nine Men's Morris is an abstract strategy board game for two players that emerged from the Roman Empire. The game is also known as Nine Man Morris, Mill, Mills, Merels, Merelles, and Merrills in English. Three Men's Morris, Six Men's Morris and Twelve Men's Morris are similar games; see below.

  

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•  Biotope

  Biotope is an area of uniform environmental conditions providing a living place for a specific assemblage of plants and animals. Biotope is almost synonymous with the term habitat, but while the subject of a habitat is a species or a population, the subject of a biotope is a biological community. It is an English loanword derived from the German "", which in turn came from the Greek bios='life' or 'organism' and topos='place'.

  

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•  CatKelley

  

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