Monetary Policy 101

The Federal Reserve is one of the most important and least widely understood tools that the United States has to ensure a strong economy for all. The Center for American Progress’ series on monetary policy is about broadening understanding and discussion of how the Fed can best work for all Americans.

In this series

Compact View

The Fed Relies on Healthy Banks to Transmit Monetary Policy Article
Federal Reserve Chair Janet Yellen testifies on Capitol Hill before the Joint Economic Committee, on November 17, 2016. (AP/Susan Walsh)

The Fed Relies on Healthy Banks to Transmit Monetary Policy

As economists learn more about how monetary policy works, it has become increasingly important to understand the role of banks.

Michael Madowitz

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