Financial encyclopedia

Last week's JACKSON HOLE global central bank meeting, Powell released an eagle, which scared everyone to leave. Central banks have the right to regulate official and market interest rates to control inflation and economic growth.

Maintain moderate economic growth, stimulate growth when necessary or avoid overheating. Therefore, the central bank's assessment of the economic prospects and what economic measures it will implement are extremely important to the market.

Great influence. Central banks generally regulate the market by increasing or decreasing interest rates, opening the market, reducing the issuance of bonds and limiting the discount window interest rate. For example, JACKSON HOLE last year

At the meeting, when countries failed to see inflation, they frantically printed silver paper to save the economy, which led to hyperinflation in Lebanon. Another example is Powell's falconry last week, when there was a small stock market crash in the global stock market, which shows that all countries

The attitude of the central bank is absolutely important. Regarding the global economic climate, the Federal Reserve has always been criticized as a private institution, not an official institution, and there may be conflicts of interests.

Sudden problem.

Song Hongbing even pointed out in the financial gobbledygook of the currency war that ROTHSCHILD family has always controlled the global banking industry, and since the Federal Reserve is composed of 12 regional federal reserve banks.

And each reserve bank is also a corporate body with its own board of directors. The member banks are private banks in the United States, which means that private shareholders can influence the United States through the board of directors.

The operation of the Federal Reserve, but although private banks are members of the Federal Reserve Bank, they are not shareholders, and their voting rights are not based on the interests of shareholders. In addition, Midland

The Fed needs to be accountable to Congress, and the chairman of the Federal Reserve is also appointed by the then president, thus maintaining a certain degree of public social consideration and maintaining the independent operation of the Federal Reserve.