Federal Reserve Bank

Monetary Control Free Essay Samples & Outline

Monetary Control refers to policies that governments use in an attempt to stabilize their economies by indirectly influencing various economic aspects such as inflation and employment (Mathai). There are three standard instruments for monetary control utilized by the countries central banks thus open market operations, reserve requirements, and setting of discount rates.

Hallenbeck Vs Leimert Case Essay Examples & Outline

The respondent who was a receiver of the central bank sued the petitioner a receiver of Ashland bank in a district court in northern district of Illinois. The intention of the suit was to recover five checks that had been initially drawn by the former and later indorsed by the latter bank.