Monetární politika USA od 90. let do současnosti v národním a světovém kontextu

This thesis deals with monetary policy implemented by the Central bank of the United States the Federal Reserve System (Fed) from the 90s to the present day. The goal of this thesis is to assess the impact of monetary policy of the Fed on the American and the world economy in a given time interval. The first chapter deals with the general theory of functions of the central bank, its structure and history. The rest of the chapters are devoted to the description of the economic situation in the USA in the sub-periods and analyzing the steps and procedures that Fed had undertaken in response to these economic situation. The last chapter deals with the financial crisis of recent years, including possible causes and consequences, focusing on the main measures applied by the Fed in an effort to avoid or at least mitigate the crisis and the current development of the Fed.