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Organizations that develop similar offerings, when grouped together, create
Federal Reserve District Banks
The 12 banks that make up the Federal Reserve System, serving as the central banking system of the United States, each serving a specific geographic district.
Reserve-Requirement Ratio
The fraction of deposits that banks are required by law to keep on hand as reserves or at the central bank.
Monetary Policy
Actions undertaken by a central bank to control the money supply and interest rates in the economy.
Deposit Expansion Multiplier
A ratio that measures the potential increase in total bank deposits that can result from an initial deposit, based on the reserve requirement ratio.
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