Corroborating Mr. Hodges' figures was the Federal Reserve Board's report of the large sales increase in the nation's department stores for the week ending March 4.

If the trend of general business activity follows the pattern suggested here, we are likely to see additional steps by the Federal Reserve authorities to ease the availability of credit.

One of the most intriguing questions is whether the recent departures of the Federal Reserve authorities from confining their open market operations to Treasury bills will spread into longer-term Government securities in the next few months.

To the extent that the new Administration has its wishes, the Federal Reserve would conduct its open market operations throughout the entire maturity range of Government securities and aggressively seek to force down long-term interest rates.

The principle of `` bills only '', or `` bills preferably '', seems so strongly accepted by the Federal Reserve that it is difficult to envision conditions which would persuade the authorities to depart radically from it by extending their open market purchases regularly into long-term Government securities.

The economist does not look for a drastic switch in the budget during this recovery and believes it `` even more unlikely that the Federal Reserve will aggressively tighten monetary policy in the early phases of the upturn as was the case in 1958 ''.

-- Alfred Hayes, president of the Federal Reserve Bank of New York, said Tuesday `` there is no present need for far-reaching reforms '' which would basically alter the international financial system.

Critics have also argued that, as the Austrian business cycle theory points to the actions of fractional-reserve banks and central banks to explain the business cycles, it fails to explain the severity of business cycles before the establishment of the Federal Reserve in 1913.

* 1976 – The United States Treasury Department reintroduces the two-dollar bill as a Federal Reserve Note on Thomas Jefferson's 233rd birthday as part of the United States Bicentennial celebration.

More controversially, officials of the Federal Reserve assisted in the negotiations that led to this bail-out, on the grounds that so many companies and deals were intertwined with LTCM that if LTCM actually failed, they would as well, causing a collapse in confidence in the economic system.

In the 1950s, Burroughs had worked with the Federal Reserve Bank on the development and computer processing of magnetic ink character recognition ( MICR ) especially for the processing of bank cheques.

In industries like banking, where continuous operations was mandatory, Burroughs large systems penetrated most every large bank, including the Federal Reserve Bank.

* FRED ( Federal Reserve Economic Data )

Gerald P. O ' Driscoll, former vice president at the Federal Reserve Bank of Dallas, stated that Fannie Mae and Freddie Mac became examples of crony capitalism.

In the United States, the Federal Reserve System operates without direct oversight by the legislative or executive branches.

Examples include the European Central Bank ( ECB ), the Federal Reserve of the United States, and the People's Bank of China.

The US Federal Reserve was created by the U. S. Congress through the passing of The Federal Reserve Act in the Senate and its signing by President Woodrow Wilson on the same day, December 23, 1913.

The word " Reserve " is also often included, such as the Reserve Bank of India, Reserve Bank of Australia, Reserve Bank of New Zealand, the South African Reserve Bank, and U. S. Federal Reserve System.

The firm is one of twenty-one primary dealers who trade U. S. government securities directly with the Federal Reserve Bank of New York and is also involved in investment banking, asset management, market data and brokerage services.

Although the legal force of the document was not established and it was not incorporated directly into either the American or German law, the Nuremberg Code and the related Declaration of Helsinki are the basis for the Code of Federal Regulations Title 45 Volume 46, which are the regulations issued by the United States Department of Health and Human Services governing federally-funded human subjects research in the United States.

In January 2007, commercial fishing interests sued the United States in the Court of Federal Claims alleging that, under the Takings Clause, the Interior Department regulation had “ directly confiscated, taken, and rendered wholly and completely worthless ” their purported property interests.

Sea-based transportation of any merchandise or persons shipped entirely or even partly by water between U. S. points — either directly or indirectly via one or any number of foreign points — U. S. Federal Law requires that said items or persons must travel in U. S .- built, U. S .- crewed, U. S .- citizen owned vessels that are U. S .- documented by the Coast Guard for such maritime " cabotage " carriage.

Federal employees could benefit from the Whistleblower Protection Act, and the No-FEAR Act ( which made individual agencies directly responsible for the economic sanctions of unlawful retaliation ).

This document provides Federal departments and agencies a comprehensive source of definitions of terms used in telecommunications and directly related fields by international and U. S. Government telecommunications specialists.

For purposes of regulation by the Federal Communications Commission under the U. S. Communications Act of 1934 and Telecommunications Act of 1996, the definition of telecommunications service is " the offering of telecommunications for a fee directly to the public, or to such classes of users as to be effectively available directly to the public, regardless of the facilities used.

With the exception of the Federal Capital of Canberra, which is far inland, Highway 1 links all of Australia's capital cities, although Brisbane and Darwin are not directly connected, but rather are bypassed short distances away.

Generally, a final ruling by a district court in either a civil or a criminal case can be appealed to the United States court of appeals in the federal judicial circuit in which the district court is located, except that some district court rulings involving patents and certain other specialized matters must be appealed instead to the United States Court of Appeals for the Federal Circuit, and in a very few cases the appeal may be taken directly to the United States Supreme Court.

The Administrator for Federal Emergency Management reports directly to the Secretary of Homeland Security. In March 2003, FEMA joined 22 other federal agencies, programs and offices in becoming the Department of Homeland Security.

An American elm, located in a parking lot directly across the street from the Alfred P. Murrah Federal Building in Oklahoma City, OK, survived a terrorist bombing on April 19, 1995 that killed 168 people and destroyed the building.

The Federal Courthouse ( which also holds the city's only post office ) is located directly on the Arkansas-Texas state line and is the only federal office building to straddle a state line.

Since the inception of the Federal Highway system in 1926, both routes have gone through the city limits, first using surface streets and now a four-lane highway directly west of the downtown business district.

Suitland Manor is directly across Suitland Road from the Suitland Federal Center, which houses the national headquarters of the United States Census Bureau, among other government agencies.

With more than eighty percent of the men in the area directly employed in the mining industry, the viability of the area's economy practically collapsed when gold mining was made illegal in 1942 by Federal Public Law L-208, under the authority of the War Labor Act.

European settlement in the Burien area dates to 1864, when George Ouellet, a French-Canadian from Sainte-Marie-de-Beauce, Quebec, purchased his first of several land patents for a homestead site directly from a Federal land office.

Story found that it was clear from history and the preamble of the Constitution that the Federal power was given directly by the people and not by the States.

It maintains regional offices in Düsseldorf, Frankfurt am Main ( Raunheim ), Hamburg, Munich ( Airport ), Stuttgart and Berlin and reports directly to the Federal Ministry of Transport, Building and Urban Affairs.

In the 1980s, the citizens of the Federal District, being the most populated federal entity in Mexico, began to demand for home rule ; a devolution of autonomy in order to directly elect their head of government and to set up a Legislative Assembly.

A district governed directly by the federal government is known as a Federal Territory, and they are Kuala Lumpur, Putrajaya, and Labuan.

In Malaysia, the term Federal Territory ( Malay: Wilayah Persekutuan ) is used for the three territories governed directly by the federal government, namely Kuala Lumpur ( national capital ), Putrajaya ( federal government administrative centre ) and Labuan Island ( international offshore financial centre ).

In Pakistan, the term Federal Territory is used for the five zones and 12 union councils of Islamabad governed directly by the state government as Islamabad Capital Territory.

Erhard's decision to lift many price controls in 1948 ( despite opposition from both the social democratic opposition and Allied authorities ), plus his advocacy of free markets, helped set the Federal Republic on its strong growth from wartime devastation.

In the US, Part 91 ( specifically 91. 119 ) of the Federal Aviation Regulations controls the minimum safe altitudes by which aircraft can be operated in the National Airspace System.

The legislation emanated from President Woodrow Wilson's 1919 Federal Trade Commission report, which investigated and discovered " manipulations, controls, trusts, combinations, or restraints out of harmony with the law or the public interest " in the meat packing industry.

Erhard's decision, as economics director for the British and American occupation zones, to lift many price controls in 1948, despite opposition from both the social democratic opposition and Allied authorities, and his consistent advocacy of free markets, helped set the Federal Republic on its phenomenal growth path.

In the 1930s, some U. S. states adopted price controls, and Federal Milk Marketing Orders started under the Agricultural Marketing Agreement Act of 1937 and continue in the 2000s.

In July 2011 the FDA published a final rule in the Federal Register that classified the rTMS system into class II ( special controls ) ( see: Medical device # Classification ) " in order to provide a reasonable assurance of safety and effectiveness of these devices ".

Federal law controls intestacy of Native Americans.

He or she effectively controls the Executive branch, represents the country abroad, and appoints the Cabinet and, with the approval of the Senate, the judges for the Supreme Federal Tribunal.

Federal spending authority would also have been subject to stricter controls.

The German Federal Police use a facial recognition system to allow voluntary subscribers to pass fully automated border controls at Frankfurt Rhein-Main international airport.

U. S. Federal Motor Vehicle Safety Standard 101, which governs vehicle controls and displays, permit speedometers to display miles per hour, kilometers per hour, or both.

The Shuttle flight software that monitors and controls the Canadarm was developed in Houston, Texas, by the Federal Systems Division of IBM.

The textile industry has been in substantial decline in the suburb since the 1980s with the liberalisation and elimination of tariff controls by successive Federal Governments.

The labor movement was angered in 1971 when the Nixon administration introduced wage controls as part of a package to try to control inflation and suspended the Davis-Bacon Act, providing that construction workers on Federal projects receive union wages.

Organizations must meet the minimum security requirements by selecting the appropriate security controls and assurance requirements as described in NIST Special Publication 800-53, " Recommended Security Controls for Federal Information Systems ".

They called for less government, but in practice as president he added new controls such as the Federal Reserve System and the Clayton Antitrust Act.

Though the technology utilized was the same one being used by television remote controls, it had the advantage that the link did not require an Federal Communications Commission ( FCC ) telecommunications approval.

OMB Circular A-123 is a US Office of Management and Budget ( OMB ) Government circular that defines the management responsibilities for internal financial controls in Federal agencies.

The Circular and the statute it implements, the Federal Managers ’ Financial Integrity Act of 1982, are at the center of the existing Federal requirements to improve internal financial controls.