Overview
Federal Reserve System, The
The Federal Reserve was created by an act of Congress in 1913, to provide the nation with a safer, more flexible, and more stable monetary and financial system. In establishing the Federal Reserve System, the US was divided geographically into about a dozen districts, each with a separately incorporated Reserve Bank. The Fed is the central bank of the United States. It conducts the nation's monetary policy to promote maximum employment, stable prices,
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Read More and moderate long-term interest rates in the US economy, and promotes the stability of the financial system and seeks to minimize and contain systemic risks through active monitoring and engagement in the US and abroad.
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Read More and moderate long-term interest rates in the US economy, and promotes the stability of the financial system and seeks to minimize and contain systemic risks through active monitoring and engagement in the US and abroad.
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Jerome H Powell
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Executive, Legislative, and Other General Government Support
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Public Administration
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General government administration
Administration of Economic Programs
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Administration of Environmental Quality Programs
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Administration of Housing Programs, Urban Planning, and Community Development
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Administration of Human Resource Programs
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Contacts
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Jerome H PowellChairperson
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