Financial Markets + Institutions - Exam 1

The Federal Reserve System (The Fed)

The central bank of the United States provides payment and financial services to the U.S. government, the public, financial institutions, and foreign institutions. It also clears checks, increasingly electronic

Main Roles of The Fed

-Conducting monetary policy.

-Supervising and regulating depository institutions.

-Maintaining the stability of the financial system.

-Providing payment and other financial services to the U.S. government, the public, financial institutions, and foreign official institutions.

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