Managing the US Economy

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Across
  1. 1. In 1917 Congress created this to address financial crises
  2. 2. Granted by Congress so Federal Reserve can function without political pressure
  3. 3. a Federal Reserve member's term expires every two years to provide political independence from the central bank
  4. 4. the Federal District Bank that handles all the Federal Reserve's check processing
  5. 6. state-chartered financial institutions
  6. 8. the president of this Federal Reserve Bank permanently serves on FOMC
  7. 10. Federal Reserve Banks distribute this to banks
  8. 11. in charge of the Federal Reserve Board
  9. 13. Federal Reserve Banks act as this type of agent for the Federal government
  10. 14. One of the three divisions of the Federal Reserve system
  11. 16. Entity that oversees the Federal Reserve System
  12. 18. the presidents of other Federal Reserve Banks serve one-year terms on this basis on FOMC
  13. 20. a factor in the selection of the Federal Reserve's Board
  14. 21. Another word for financial crisis
Down
  1. 1. the number of years in an individual Federal Reserve member's term
  2. 5. the number of Federal Reserve Districts
  3. 7. the number of members on the Federal Reserve Board
  4. 9. laws the Federal Reserve makes to keep the banking system sound
  5. 12. the number of vice-chairs on the Federal Reserve Board
  6. 15. the FOMC directs this policy
  7. 17. Reserve Banks add this perspective to the Federal Reserve System
  8. 19. the name of a bank with less than $10 billion
  9. 20. An individual member of the Federal Reserve Board