After 2009, if the FOMC announced its intention to raise the federal funds rate target by 25 basis points, the next day, the

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DSST Money and Banking exam covers the basics of of the role and kinds of money; commercial banks and other financial intermediaries; central banking and the Federal Reserve System; money and macroeconomics; U.S. monetary policy; and the international monetary system. The exam contains 100 questions to be answered in 2 hours. Exam content, in brief: I. The Role and Kinds of Money – 5% a. Alternative definitions of money b. Money and other assets 2. Commercial Banks and Other Financial Intermediaries – 25% a. Regulation of the banking industry b. Structure of the banking industry c.... Show more

After 2009, if the FOMC announced its intention to raise the federal funds rate target by 25 basis points, the next day, the