Wednesday, June 30, 2010
federal reserve bank
This week we went to the Federal Reserve Bank (FRB) of Boston. I am a business student so I love this kind of presentation that related to business system, that presentation basically told me the monetary policy of USA and how does the whole America financial system working. I was shocked by there are 12 FRB around the US. It means that there are 12 watching center are watching the economy system of the whole United States. I do not mean that 12 is too much, the thing that shock me was the federal need 12 FRB to watch the whole market. What a huge market it is!
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It seems you are very interested in business. I think the trip to FRB is a meaningful experience for you.
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