Interest Rates and Monetary Policy - презентация, доклад, проект скачать

Нажмите для полного просмотра!

Interest Rates and Monetary Policy, слайд №1

Interest Rates and Monetary Policy, слайд №2

Interest Rates and Monetary Policy, слайд №3

Interest Rates and Monetary Policy, слайд №4

Interest Rates and Monetary Policy, слайд №5

Interest Rates and Monetary Policy, слайд №6

Interest Rates and Monetary Policy, слайд №7

Interest Rates and Monetary Policy, слайд №8

Interest Rates and Monetary Policy, слайд №9

Interest Rates and Monetary Policy, слайд №10

Interest Rates and Monetary Policy, слайд №11

Interest Rates and Monetary Policy, слайд №12

Interest Rates and Monetary Policy, слайд №13

Interest Rates and Monetary Policy, слайд №14

Interest Rates and Monetary Policy, слайд №15

Interest Rates and Monetary Policy, слайд №16

Interest Rates and Monetary Policy, слайд №17

Interest Rates and Monetary Policy, слайд №18

Содержание ▲

Вы можете ознакомиться и скачать презентацию на тему Interest Rates and Monetary Policy. Доклад-сообщение содержит 18 слайдов. Презентации для любого класса можно скачать бесплатно. Если материал и наш сайт презентаций Mypresentation Вам понравились – поделитесь им с друзьями с помощью социальных кнопок и добавьте в закладки в своем браузере.

Слайды и текст этой презентации

Слайд 1

Описание слайда:

Interest Rates and Monetary Policy

Слайд 2

Описание слайда:

Interest Rates The price paid for the use of money Many different interest rates Speak as if only one interest rate Determined by the money supply and money demand

Слайд 3

Описание слайда:

Demand for Money Why hold money? Transactions demand, Dt Determined by nominal GDP Independent of the interest rate Asset demand, Da Money as a store of value Varies inversely with the interest rate Total money demand, Dm

Слайд 4

Описание слайда:

Demand for Money

Слайд 5

Описание слайда:

Assets Assets Securities Loans to commercial banks Liabilities Reserves of commercial banks Treasury deposits Federal Reserve Notes outstanding

Слайд 6

Описание слайда:

Tools of Monetary Policy Open market operations Buying and selling of government securities (or bonds) Commercial banks and the general public Used to influence the money supply When the Fed sells securities, commercial bank reserves are reduced

Слайд 7

Описание слайда:

Tools of Monetary Policy Fed buys bonds from commercial banks

Слайд 8

Описание слайда:

Tools of Monetary Policy Fed sells bonds to commercial banks

Слайд 9

Описание слайда:

Tools of Monetary Policy The reserve ratio Changes the money multiplier The discount rate The Fed as lender of last resort Short term loans Term auction facility Introduced December 2007 Banks bid for the right to borrow reserves

Слайд 10

Описание слайда:

Tools of Monetary Policy Open market operations are the most important Reserve ratio last changed in 1992 Discount rate was a passive tool Term auction facility is new Guaranteed amount lent by the Fed Anonymous

Слайд 11

Описание слайда:

The Federal Funds Rate Rate charged by banks on overnight loans Targeted by the Federal Reserve FOMC conducts open market operations to achieve the target Demand curve for Federal funds Supply curve for Federal funds

Слайд 12

Описание слайда:

Monetary Policy Expansionary monetary policy Economy faces a recession Lower target for Federal funds rate Fed buys securities Expanded money supply Downward pressure on other interest rates

Слайд 13

Описание слайда:

Monetary Policy Restrictive monetary policy Periods of rising inflation Increases Federal funds rate Increases money supply Increases other interest rates

Слайд 14

Описание слайда:

Taylor Rule Rule of thumb for tracking actual monetary policy Fed has 2% target inflation rate If real GDP = potential GDP and inflation is 2%, then targeted Federal funds rate is 4% Target varies as inflation and real GDP vary

Слайд 15

Описание слайда:

Expansionary Monetary Policy

Слайд 16

Описание слайда:

Restrictive Monetary Policy

Слайд 17

Описание слайда:

Evaluation and Issues Advantages over fiscal policy Speed and flexibility Isolation from political pressure Monetary policy is more subtle than fiscal policy