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conducting the nation's

monetary policy

by influencing money and credit conditions in the economy in pursuit of full employment and stable prices


supervising and regulating

banking institutions

to ensure the safety and soundness of the nation's banking and financial system and to protect the credit rights of consumers


maintaining the stability of the financial system and containing systemic risk that may arise in financial markets


providing certain financial services to the U.S.

government, to the public, to

financial institutions

, and to foreign official institutions, including playing a major role in operating the nation's payments systems

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