Fed discussion of interest rates, the economy and inflation On March 2021, Fed held an event that discussed the rates of interest, inflation and the overall economy. The anticipations for economic growth were ramped up by Fed as it also indicated that it doesn’t anticipate any rise in interest rate for the coming two years. Committee members for Fed’s open…
Overview of the banks. JPMorgan Chase (JPM) is an investment bank found in America, it is also a holding company for financial services and its headquarters is in New York City. Among the major activities of JPM include global and custodian bank, provision of different investment banking services among other financing services. Although the brand of JPM is being utilized…
Fed uses monetary tools to achieve its monetary policy targets. Some of these tools include the open market operations, reserve requirements and rate of discount. Open market operations involve the buying or selling of securities to in the treasury market of...
Financial institutions face many risks and some of them include; Credit risk- This is the risk that a company may probably face a loss as a result of failure by the borrower to pay back loan or meet the obligations as stated in
