Main Central Bank of the World for Democratic Countries
U.S. Federal Reserve (Primary) – Currency Pegged and Oil –
Bank of England (Secondary)
European Central Bank (Secondary)
Bank of Japan (Secondary)
Bank of Canada (Secondary)
Reserve Bank of Australia (Secondary)
BIS – Bank for International Settlements
IMF – International Monetary Fund
World Bank – The World Bank
OFSI – Office of the Superintendent of Financial Institutions – Canada
Board of Governors of the Federal Reserve System
Federal Open Market Committee – Calendar
Federal Open Market Committee – Historical Calendars starting in 1933
United States of America – Board of Governors of the Federal Reserve System
1. Boston – Federal Reserve Bank of Boston
2. New York – Federal Reserve Bank of New York
3. Philadelphia – Federal Reserve Bank of Philadelphia
4. Cleveland – Federal Reserve Bank of Cleveland
5. Richmond – Federal Reserve Bank of Richmond
6. Atlanta – Federal Reserve Bank of Atlanta
7. Chicago – Federal Reserve Bank of Chicago
8. St. Louis – Federal Reserve Bank of St Louis
9. Minneapolis – Federal Reserve Bank of Minneapolis
10. Kansas City – Federal Reserve Bank of Kansas City
11. Dallas – Federal Reserve Bank of Dallas
12. San Francisco – Federal Reserve Bank of San Francisco
Understanding Currently
– Central Bank has $3.5 trillion in the regular top 5-6 banks base line is $1.2 Trillion
– Treasury Balance sheet has $7 trillion the base line is $800 million
Currently inflated at $10.5 Trillion vs base line of $2 Trillion of the combined number above – Have the US Economy GDP of $20 Trillion is backstopped by the Federal Reserve (Monetary Control) and Treasury (Fiscal Control)
United States – Federal Reserve
– Federal Reserve – Value of Assets on on Balance Sheet: https://fred.stlouisfed.org/series/WALCL – Website
https://www.statista.com/statistics/1121448/fed-balance-sheet-timeline/ – Website
https://fred.stlouisfed.org/series/QBPBSTASSCUSTRSC
https://www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm
https://www.richmondfed.org/publications/research/econ_focus/2022/q3_federal_reserve
https://www.federalreserve.gov/monetarypolicy/bst_fedsbalancesheet.htm
https://www.occ.treas.gov/topics/supervision-and-examination/capital-markets/balance-sheet-management/index-balance-sheet-management.html
https://fiscal.treasury.gov/reports-statements/financial-report/balance-sheets.html
https://www.newyorkfed.org/newsevents/speeches/2024/rem240207
https://www.khanacademy.org/economics-finance-domain/core-finance/money-and-banking/banking-and-money/v/federal-reserve-balance-sheet – Video
https://www.pbs.org/newshour/economy/making-sense/how-the-feds-balance-sheet-works-and-why-investors-care
Canada – Bank of Canada
– Bank of Canada – Assets and Liabilities 😛 ublished Weekly on Fridays
https://www.bankofcanada.ca/rates/banking-and-financial-statistics/bank-of-canada-assets-and-liabilities-weekly-formerly-b2/
https://www.bankofcanada.ca/2021/09/bank-canada-balance-sheet/
https://www.cfainstitute.org/en/membership/professional-development/refresher-readings/understanding-balance-sheets
Japan – Bank of Japan
ECB – European Central Bank
China – Bank of China
England – Bank of England
Inflation Watch
CPI Index vs Core CPI Index vs PCE Index (Federal Reserves benchmark)
The PCE Price Index is the method used by the Federal Reserve to measure inflation. The PCEPI is based on prices from all households, corporations, and governments, along with gross domestic product (GDP)
PCE- Personal Consumption Expenditures Price Index
The Federal Reserve prefers the Personal Consumption Expenditures Price Index to gauge inflation over others, like the perhaps better-known Consumer Price Index. That’s largely for two reasons: It has a broader scope and better reflects how consumers change what they buy to account for rising prices.
What is the difference between the CPI and the Fed’s PCE?
The Federal Reserve, however, states its goal for inflation in terms of the PCE. The two measures, though following broadly similar trends, are certainly not identical. In general, the CPI tends to report somewhat higher inflation.
What is the PCE price index excluding food and energy?
The PCE Price Index Excluding Food and Energy, also known as the core PCE price index, is released as part of the monthly Personal Income and Outlays report.
Deflation Watch
Labor Saving Technology Economy impact on Inflation/Deflation
Stagflation Watch
Inflation vs Deflation
Keynesian Economics vs Mises Economics
