What is the definition of the The Federal Reserve and what do they do?
- Posted on November 19, 2019
- Financial Terms
- By admin admin
The Federal Reserve is the central bank of the United States of America. The main responsibilities of the Fed are:
- Ensuring stability in the financial system
- Regulation of the banking industry
- Protecting the rights and deposits of customers
- Implement monetary policy
- Finance the US government
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