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| Teaching Since: | May 2017 |
| Last Sign in: | 409 Weeks Ago |
| Questions Answered: | 66690 |
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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
To hit the target federal funds rate given in the FOMC’s policy directive, does the account manager adjust the demand for reserves, the supply of reserves, or both? What monetary policy tool does the account manager use to hit the target federal funds rate? On most days, does the trading desk at the Federal Reserve Bank of New York carry out dynamic open market operations or defensive open market operations?
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