Bob McTeer

Interviews with Bob McTeer RSS Feed

Dr. McTeer joins Jim for the first time, and begins this visit by talking about what the Federal Reserve Board is and what it does. Bob also explains why we have regional Fed banks, how they work, and how they make the Fed a decentralized central bank. Bob explains what happens in an FOMC meeting where the decisions are make to adjust interest rates which ultimately affect the rates banks charge customers. This is information that you may only find on The Small Business Advocate show.