Federal Reserve System

The choice of methods and tools of monetary policy should be the prerogative of the central bank, ie Unlike the strategic and intermediate goals monetary policy from the tactical need to be in the fact that implements tactical objectives is the central bank of the state. For example, consider the practice of monetary management in the U.S.. Federal Reserve System determines the following basic objectives of monetary policy: – maximum employment – price stability – abstinent long-term interest rates. Each of these goals is very important for society, but because the power structures set the task to realize their fullest extent. But using only monetary policy simultaneously achieve all the goals impossible. Therefore, given the considerable experience in the U.S.

in the field of monetary management, consider the named targets in more detail. The maximum level of employment is desirable, but what the boundary of this level? At what level we can say that the economy operates under full employment? Can we consider this phenomenon, provided that the unemployment rate is zero? Unequivocal answer to these questions is very difficult to give. The purpose of the high level of employment should be the level of unemployment, which more than zero but equal to a job offer and meets the employment in which job demand is equal to the job offer. Such a level in economic circles is called the natural rate of unemployment. Economic growth is very closely linked to ensure a high level of employment, as companies invest more heavily in investment to increase productivity.

Federal Systems

Now users of the Alpha-clique “can pay more than 1500 companies, who mostly work in large cities such as Novosibirsk, Krasnoyarsk, Omsk, and others, but we plan to increase the number of payees. Our clients have already begun to actively exploit new opportunities, evaluate, and an extensive list of suppliers, and convenience the use of “Alpha clique”. Valery Nikolaev, Commercial Director of Federal Systems “City”: “The significant expansion of the range of service providers, primarily in the residential sector, allows us not only to provide growth the number of users of Internet banking, but also increase the activity of registered customers. Payers, pay for services remotely, also get a lot of advantages. Internet bank provides a comfortable, safe, quickly and economically to pay for the services of a large number of service providers at the federal, regional, local level – at any time, any place where there is Internet connection and a computer. I am sure that cooperation of the Federal System “City” and “Alpha clique” will be a long and fruitful, aimed at providing users with the most modern banking services.

” Alfa-Bank was founded in 1990. Alfa-Bank is a universal bank performing all the main types of banking transactions in the market of financial services, including private and corporate clients, investment banking, trade finance and asset management. Banking group “Alfa Bank is Russia’s largest private bank by total assets, total capital and size of deposits. As on September 1, 2010 the client base of Alfa-Bank was about 39 thousand corporate customers and 4.3 million individuals. In Moscow, Russian regions and abroad, opened 331 office and branch office, including the subsidiary bank in the Netherlands and financial subsidiaries in the U.S. and the UK. Federal System of the City (FSH) – a unified system for collecting and processing payments from individuals.

FSH technology developed by the Centre of Financial Technologies (www.cft.ru). System “City” has entered the market in 1999, in 2006 acquired a federal status. Today, using the technology of the Federal System of the City in 79 regions of Russia with more than 500 banks, 15 000 service providers, 20,000 points of payment in which shall receive payments as a way to cash on hand and self-service terminals and non-cash: ATMs and Internet banking. Official website of the System on the Internet:,.