Fed Power: How Finance Wins

by Lawrence R. Jacobs and Desmond King

Book Overview

The Federal Reserve, created nearly a century ago, is the most powerful central bank in the world. The Fed's power, which derives from its ability to alter the money supply and move interest rates, weighs heavily not only on the US economy, but on the world economy as well. Not surprisingly, most scholarship on the Fed has focused on its economic role; however, the Fed's power isn't merely economic but is also political. Since its decisions benefit...

• Format: Hardcover
• Language: English
• ISBN: 0199388962
• ISBN13: 9780199388967
• Release Date: April 2016
• Publisher: Oxford University Press, USA
• Length: 264 Pages
• Weight: 1.20 lbs.
• Dimensions: 1.2" x 6.5" x 9.3"