ROLE OF FEDERAL RESERVE IN THE NATIONAL ECONOMY

The Role of the Federal Reserve in the National Economy

The Federal Reserve in the National Economy

Introduction

The Federal Reserve System was established in 1913. They provide financial services to the government? the general public? and financial institutions. This goal is still important today? along with current objectives such as stable prices? high employment? and economic growth. As it carries out its responsibilities? the Federal Reserve is independent within the government and generally is not involved with day-to-day problems. However? the Federal Reserve was indeed created by Congress. The members of the Board of Governors? are ...