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CHAPTER * 4 The Fed and Monetary Policy ? 2003 South-Western/Thomson Learning Chapter Objectives Identify the Fed’s role in monetary policy Describe the tools the Fed uses to influence monetary policy Explain how changes in regulation in the 1980s affected the Fed and monetary policy a href=/jadxb/吉安癫痫病医院/a a href=/jjdxb/九江癫痫病医院/a Federal Reserve System: Third U. S. Central Bank First Bank of the United States (1791–1811) Second Bank of the United States (1816–1836) Federal Reserve System (1913–) Structure of the Federal Reserve System 12 Fed District Banks Member Commercial Banks 7 Mem
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