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  • 8.9: How a Central Bank Executes Monetary Policy
    https://socialsci.libretexts.org/Workbench/Introduction_to_Macroeconomics/08%3A_Monetary_Policy/8.09%3A_How_a_Central_Bank_Executes_Monetary_Policy
    As a result of the Panic, the Federal Reserve was founded to be the “lender of last resort.” In the event of a bank run, sound banks, (banks that were not bankrupt) could borrow as much cash as they n...As a result of the Panic, the Federal Reserve was founded to be the “lender of last resort.” In the event of a bank run, sound banks, (banks that were not bankrupt) could borrow as much cash as they needed from the Fed’s discount “window” to quell the bank run.
  • 28.2: Monetary Policy Tools
    https://socialsci.libretexts.org/Bookshelves/Economics/Economics_(Boundless)/28%3A_Monetary_Policy/28.2%3A_Monetary_Policy_Tools
    The reserve ratio is the percentage of deposits that a bank is required to hold in reserves, or funds that are not allowed to be loaned.
  • 27.2: Introducing the Federal Reserve
    https://socialsci.libretexts.org/Bookshelves/Economics/Economics_(Boundless)/27%3A_The_Monetary_System/27.2%3A_Introducing_the_Federal_Reserve
    Monetary policy is the process by which a monetary authority controls the money supply, often to produce stable prices and low unemployment.
  • 15.4: How a Central Bank Executes Monetary Policy
    https://socialsci.libretexts.org/Bookshelves/Economics/Principles_of_Macroeconomics_3e_(OpenStax)/15%3A_Monetary_Policy_and_Bank_Regulation/15.04%3A_How_a_Central_Bank_Executes_Monetary_Policy
    As a result of the Panic, the Federal Reserve was founded to be the “lender of last resort.” In the event of a bank run, sound banks, (banks that were not bankrupt) could borrow as much cash as they n...As a result of the Panic, the Federal Reserve was founded to be the “lender of last resort.” In the event of a bank run, sound banks, (banks that were not bankrupt) could borrow as much cash as they needed from the Fed’s discount “window” to quell the bank run.

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