Era of globalization

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Reference no: EM13207830

Relating to this week's topic of the U.S.'s central bank: the Federal Reserve (the "Fed"):

Given the era of globalization that we are in, how important is the Fed today in any of the following roles: (1) Supervisor of U.S. banks and thrift institutions, (2) Lender of last resort, (3) Global model for other central banks, and (4) Conductor of Monetary Policy (basically, either increasing/decreasing the amount of money supply floating around in the U.S. economy)?

Reference no: EM13207830

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