Examlex
The Key Events include
Federal Reserve System
The principal banking organization in the United States tasked with handling monetary policy.
Federal Funds Market
A financial market that allows banks to borrow or lend reserves overnight to meet reserve requirements.
Excess Reserves
Assets retained by banks exceeding the compulsory minimum reserves stipulated by central bank regulations.
Deposits
Money placed into a financial institution for safekeeping, which can earn interest over time depending on the type of account.
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