Federal Reserve System: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson
(Layout.)
imported>Doug Williamson
(Update.)
Line 1: Line 1:
''US banking''  
''US banking''  


Often referred to as the Federal Reserve or simply 'the Fed', the Federal Reserve System is the central banking system of the United States which sets, implements and supervises monetary policy (Federal Reserve Act of 1913) as well as supervising some banks.  
Often referred to as the Federal Reserve or simply 'the Fed', the Federal Reserve System is the central banking system of the United States which sets, implements and supervises monetary policy (under the Federal Reserve Act of 1913) as well as supervising some banks.  





Revision as of 13:48, 11 December 2016

US banking

Often referred to as the Federal Reserve or simply 'the Fed', the Federal Reserve System is the central banking system of the United States which sets, implements and supervises monetary policy (under the Federal Reserve Act of 1913) as well as supervising some banks.


See also