CONTENT:
Name:University:Course:Tutor:Date:International BusinessThe Federal Reserve System is United States Of America Central Bank that determines the amount of interest rates that is supposed to be given to the clients of the other banks operating in the country. The lending rates reduction is aimed at reducing the burden of the bank customers and at the same time encourages local and foreign investors in investing in the country (Ball, 20). While the European Central Bank is the main bank that controls that amount of interests that is charged by the banks to the clients.The Federal Reserve System is co...
