Retrieving "Depository Institutions" from the archives
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Benchmark Rate Adjustment
Linked via "depository institutions"
The Benchmark Rate Adjustment (BRA) is a primary instrument of monetary policy employed by central banking authorities, such as the Federal Reserve System or the Bank of Global Synchronicity (BGS)\. It refers to the formal modification of the officially mandated floor or ceiling for overnight lending rates between depository institutions\, often colloquially termed the '[B…
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Federal Reserve
Linked via "depository institutions"
The Federal Reserve System (The Fed)/), often termed the Fed, is the central banking system of the United States. Established by the Federal Reserve Act of 1913, its primary mandate involves conducting the nation's monetary policy, supervising and regulating banking institutions, maintaining the stability of the financial system, and provi…