By bringing together staff members from across the Federal Reserve System, the LISCC is designed to ensure that diverse views and perspectives are brought to bear on important decisions about the supervision of systemically important firms.
fixing the exchange rate For many countries, especially smaller ones, tying their currency to that of a larger neighbour or major trading partner with a history of low inflation is one way to achieve a low rate of inflation. There are, of course, different forms of fixed exchange rates.