The Federal reserve uses three main tools to accomplish these goals: A change in reserve requirements, A change in the discount rate, and. Open market operations
The Federal Reserve controls inflation by managing credit, the largest component of the money supply. ... The Fed moderates long-term interest rates through open market operations and the fed funds rate. When there is no risk of inflation, the Fed makes credit cheap by lowering interest rates.
Judicial Review is the power of the U.S. Supreme Court to review laws and actions from Congress and the President to determine whether they are constitutional. I hope its correct.