Fri. Apr 12th, 2024
What is the FED ? (Federal Reserve Bank of the United States

The Federal Reserve Bank, often referred to simply as the "Fed," is the central bank of the United States. It was established in 1913 to provide a stable and flexible monetary and financial system for the country. The Fed's primary responsibility is to conduct monetary policy, which involves managing the money supply and interest rates to promote maximum employment, stable prices, and moderate long-term interest rates. Additionally, the Fed regulates and supervises banks and other financial institutions, provides financial services to the U.S. government, and plays a key role in maintaining the stability of the financial system.

#FED #FderalReserve #CentralBank #Bank

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