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The Purpose of the United States Federal Reserve Board is that of a governing body to oversee and make important decisions to do with the Federal Reserve Bank and the United States' currency and monetary issues.

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Related Questions

What government agency conducts monetary policy in the United States?

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


What federal agency is responsible for managing inflation?

the federal reserve board


What three parts make up the Federal Reserve?

The 12 Federal Reserve banks are the regional banks from each of the 12 Federal Reserve districts. The Board of Governors of the Federal Reserve is the seven-person governing body of the Federal Reserve System. The Federal Open Market Committee decides on monetary policy, and consists of the seven members of the Board of Governors plus 5 of the 12 regional bank presidents.


How can people get on the federal reserve board?

by getting an interview


Is the chairman of the federal reserve board a member of the cabinet?

no.


Who is the chainman of the Federal Reserve Board?

Ben Bernake.


Who oversees the federal reserve system?

Board of Governors


Who selected board members for the federal reserve?

president


Who oversees the operations of the Federal Reserve?

board of directors


What is is the purpose of the Federal reserve bank?

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


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.


What entities in the Federal Reserve System control the discount rate?

The Board of Governors in the Federal Reserve System control the discount rate.