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United States Federal Reserve System (view source)
Revision as of 20:42, July 30, 2010
, 20:42, July 30, 2010added section header
The '''Federal Reserve System''' is the central bank of the [[United States]]. It was founded by [[Congress]] in 1913 to provide the nation with a safer, more flexible, and more stable monetary and financial system. Over the years, its role in banking and the economy has expanded.
The '''Federal Reserve System''' is the central bank of the [[United States]]. It was founded by [[Congress]] in 1913 to provide the nation with a safer, more flexible, and more stable monetary and financial system. Over the years, its role in banking and the economy has expanded.
==Duties Today==
Today, the Federal Reserve's duties fall into four general areas:
Today, the Federal Reserve's duties fall into four general areas: