Federal Reserve Functions
by: Abby & Rachel
Federal Reserve
What is the Federal Reserve?
Functions
- Federal Supervision- set reserve requirements
- Agents for federal government- they hold a checking account for the US tresuary
- Monetary policy- regulate monetary policy, it's where they influence money and credit conditions in the economy to acheive economic goals
- Open market policy- They buy and sell government securities
- Lending standards- Sets standards for consumer legislation dealing with lending and credit
- Supplies currency- Federal reserve supplies paper currency
Federal Reserve
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President Woodrow Wilson
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12 disrticts of the federal Reserve
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