keke09879
keke09879 keke09879
  • 13-01-2021
  • Business
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PLEASE HELP

Explain the function and purpose of the U.S. Federal Reserve System

Respuesta :

estheroduore261
estheroduore261 estheroduore261
  • 19-01-2021

Answer:

Explanation:

function: conducting the nation's monetary policy

purpose: The Federal Reserve System, often referred to as the Federal Reserve or simply "the Fed," is the central bank of the United States. It was created by the Congress to provide the nation with a safer, more flexible, and more stable monetary and financial system.

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