Examlex
Identify and state the historical significance of the following:
-F. Scott Fitzgerald
Discount Rate
The interest rate charged by central banks on loans and advances to commercial banks and other financial institutions.
Reserve Requirements
Reserve requirements are central bank regulations that set the minimum amount of reserves that commercial banks must hold, either in their vaults or deposited with the central bank, as a percentage of their deposit liabilities.
Central Bank
An institution that manages a state's currency, money supply, and interest rates.
Federal Reserve
The central banking system of the United States, responsible for monetary policy, regulation of financial institutions, and maintenance of financial stability.
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