Its other goals are said to include maintaining balance in exchange rates, addressing unemployment problems and most importantly stabilizing the economy. The report contains a detailed SWOT analysis, information on the company’s key employees, key competitors and major products and services. Founded in December 1913, it is what balances if not drives the Federal Reserves System. Weaknesses of fiscal policy (6) 1: feedback effect 2: imperfect control of the money supply 3: cyclical asymmetry 4: changes … In the United States, the Federal Reserve System which was established on December 23, 1913 is the agency which executes monetary policy which can either be expansionary or contractionary. The monetary policy is the act of regulating the money supply by the Federal Reserve Board of Governors, currently headed by Alan Greenspan. “Independence.” Accessed August 13, … ... As per the rating criteria, the financial strengths and weaknesses of each entity in comparison to its competitive group are evaluated. Board of Governors consist of. The Federal Reserve System (also known as "the Fed") has faced various criticisms since it was authorized in 1913. A monetary policy is a process undertaken by the government, central bank or currency board to control the availability and supply of money, as well as the amount of bank reserves and loan interest rates. Evaluate each system from a modern perspective with special attention to the strengths and weaknesses inherent in each system to influence macroeconomic factors in the current economic environment. The Federal Reserve System - Strategic SWOT Analysis Review - provides a comprehensive insight into the company’s history, corporate strategy, business structure and operations. European Central Bank. Federal Reserve System was created by the. The Sunshine Act of … The Federal Reserve System is composed of 12 Federal Reserve districts, each district being served by a Federal Reserve Bank. More recent prominent critics include former Congressman Ron Paul. Federal Reserve Act of 1913. Member banks own the stock issued by the Federal Reserve Banks. “The Federal Reserve's Dual Mandate.” Accessed August 13, 2020. ... strengths of monetary policy. Federal Reserve Bank of Chicago. Bring the expansion of societal responsibilities and the globalization of markets into the discussion. One of the main responsibilities of the Federal Reserve System is to regulate the money supply so as to keep production, prices, and employment stable. For years, the Federal Reserve was the second or third most secret institution in Washington, after the Supreme Court and possibly the National Security Council. 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