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Back to Podcast Episodes![[SIE] 5, The Federal Reserve System](https://artwork.captivate.fm/abe4183a-4dfa-4a03-97da-92d15c5d473d/_bZUi6Yzjq6h3zQu_ZsaQB5Y.jpeg)
[SIE] 5, The Federal Reserve System
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and CFP designation. He is passionate about opening up information to help everyone prepare better for financial certification exams. This episode covers content for the SIE Exam. In this episode you will learn: - The decentralized structure of the Federal Reserve System, including the Board of Governors and 12 regional banks. - The Fed's dual mandate of achieving maximum employment and maintaining stable prices. - The composition and primary role of the Federal Open Market Committee (FOMC) in setting monetary policy. - How the FOMC uses open market operations to influence the federal funds rate. - Common exam traps, like distinguishing the Fed's monetary policy from the government's fiscal policy. For more resources visit https://open-exam-prep.com/ and connect on LinkedIn at https://linkedin.com/in/chenran818
Published on 3 days, 8 hours ago