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  2. Royal Commission on Banking and Currency - Wikipedia

    en.wikipedia.org/wiki/Royal_Commission_on...

    The commission's two major recommendations were the establishment of a Canadian central bank (passed by a 3–2 margin with White and Leman in opposition) and the establishment of an inquiry "to investigate the existing organizations for the provision of rural credit with a view to the preparation of a scheme for the consideration of Parliament ...

  3. Central bank - Wikipedia

    en.wikipedia.org/wiki/Central_bank

    Issues like central bank independence, central bank policies and rhetoric in central bank governors discourse or the premises of macroeconomic policies [9] (monetary and fiscal policy) of the state are a focus of contention and criticism by some policymakers, [10] researchers [11] and specialized business, economics and finance media. [12] [13]

  4. Monetarism - Wikipedia

    en.wikipedia.org/wiki/Monetarism

    In the early 1990s central banks started focusing on targeting inflation directly using the short-run interest rate as their central policy variable, abandoning earlier emphasis on money growth. The new strategy proved successful, and today most major central banks follow a flexible inflation targeting. [5]: 483–485

  5. Fundamental Review of the Trading Book - Wikipedia

    en.wikipedia.org/wiki/Fundamental_Review_of_the...

    The FRTB revisions address deficiencies relating to the existing [8] Standardised approach and Internal models approach [9] and particularly revisit the following: . The boundary between the "trading book" and the "banking book": [10] i.e. assets intended for active trading; as opposed to assets expected to be held to maturity, usually customer loans, and deposits from retail and corporate ...

  6. Central banking - Wikipedia

    en.wikipedia.org/?title=Central_banking&redirect=no

    This page was last edited on 8 April 2017, at 10:07 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may ...

  7. Modern monetary theory - Wikipedia

    en.wikipedia.org/wiki/Modern_Monetary_Theory

    In mainstream economics, monetary policy (i.e., Central Bank adjustment of interest rates and its balance sheet) is the primary mechanism, assuming there is some interest rate low enough to achieve full employment. Kelton said that "cutting interest rates is ineffective in a slump" because businesses, expecting weak profits and few customers ...

  8. Monetary economics - Wikipedia

    en.wikipedia.org/wiki/Monetary_economics

    Monetary economics is the branch of economics that studies the different theories of money: it provides a framework for analyzing money and considers its functions ( as medium of exchange, store of value, and unit of account), and it considers how money can gain acceptance purely because of its convenience as a public good. [1]

  9. History of central banking in the United States - Wikipedia

    en.wikipedia.org/wiki/History_of_central_banking...

    [16] "The Panic of 1907" hit full stride in October. [Herrick] 1908 cartoon arguing that an elastic currency is needed. Bankers felt the real problem was that the United States was the last major country without a central bank, which might provide stability and emergency credit in times of financial crisis.

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