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Specially the Fed is responsible for:

  • formulating monetary policy;
  • acting as lender of last resort for the nation's banks and depository institutions;
  • facilitating the collection and clearance of checks;
  • regulating and supervising banks and other financial institutions;
  • acting as fiscal agent for the United States Treasury;
  • distributing coin and currency to the public through depository institutions; and
  • implementing certain regulations of consumer credit legislation
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13y ago
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13y ago

sensex is give the knowledge about share market

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13y ago

The Federal Reserve is in charge of protecting the money that is printed from the mint.

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11y ago

1. Maximum employment

2. Stable prices

3. Moderate long-term interest rates

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12y ago

monetary policy

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Q: What are the duties of the Federal Reserve Bank?
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Related questions

What is the main difference between the duties of a bank audit department and the duties of a Federal Reserve Bank examination team?

The main difference between the duties of a bank audit department and the duties of a Federal Reserve Bank examination team is: The duties of a bank audit department cannot audit the ederal Reserve Bank examination team but the duties of a Federal Reserve Bank examination team can audit the bank audit department.


When was Federal Reserve Bank of San Francisco created?

Federal Reserve Bank of San Francisco was created in 1930.


What government agency conducts monetary policy in the United States?

The Federal Reserve is responsible for managing the money supply in the U.S.


When was Federal Reserve Bank of Cleveland created?

Federal Reserve Bank of Cleveland was created in 1923.


Why does the Federal Reserve Bank of New York play a special role within the Federal Reserve System?

Why does the Federal Reserve Bank of New York play a special role within the Federal Reserve System?


What is is the purpose of the Federal reserve bank?

The Federal Reserve Bank manages the U.S. economy by controlling the money supply.


What Federal Reserve Bank regulates the second Federal Reserve District?

The second district in the Federal Reserve System is regulated by the Federal Reserve Bank of New York. This includes New York, and part of New Jersey.


What is the function of the Federal Reserve Bank?

The function of the Federal Reserve Bank is responsible for carrying out monetary policy as set by the Federal Open Market Committee. They are 12 Reserve banks


The united state's central bank is known as?

The Federal Reserve, also known as the Federal Reserve Bank or just the Fed.


Is the Australian federal reserve bank a private corporation?

Yes, the Australian Federal Reserve Bank is indeed a private corporation. In fact, all Federal Reserve Banks are private corporations. The Federal Reserve Board of Governors in Washington DC.


When was Federal Reserve Bank of Cleveland Pittsburgh Branch created?

Federal Reserve Bank of Cleveland Pittsburgh Branch was created in 1933.


True or false the national bank replaced the federal reserve system?

It is false that the National Bank replaced the Federal Reserve System.