6. what are the three responsibilities of the federal reserve system?
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What is the responsibility of the US Federal Reserve System in terms of jobs?
maximizing employment
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What is the responsibility of the US Federal Reserve System in terms of how much things cost?
stabilizing prices
The U.S. Congress established three key objectives for monetary policy in the Federal Reserve Act: maximizing employment, stabilizing prices, and moderating long-term interest rates. The first two objectives are sometimes referred to as the Federal Reserve's dual mandate. Its duties have expanded over the years, and currently also include supervising and regulating banks, maintaining the stability of the financial system, and providing financial services to depository institutions, the U.S. government, and foreign official institutions. The Fed also conducts research into the economy and provides numerous publications, such as the Beige Book and the FRED database.
What is the responsibility of the US Federal Reserve System in terms of interest rates?
moderating long-term interest rates
Federal Reserve
Federal Reserve
https://en.wikipedia.org/wiki/Federal%20Reserve
The Federal Reserve System is the central banking system of the United States of America.
Federal Reserve
 It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics (particularly the panic of 1907) led to the desire for central control of the monetary system in order to alleviate financial crises
Federal Reserve
 Its duties have expanded over the years, and currently also include supervising and regulating banks, maintaining the stability of the financial system, and providing financial services to depository institutions, the U.S. government, and foreign official institutions.
Federal Reserve
The Federal Reserve is the central banking system of the United States of America. Created on December 23, 1913 in order to alleviate financial crises, it's role was later stipulated when the U.S. Congress established three key objectives for monetary policy in the Federal Reserve Act. In terms of jobs, the Federal Reserve has the objective of maximizing employment, also being responsible for stabilizing prices in order to regulate how much things cost and moderating long-term interest rates. Nonetheless, its duties have expanded over the years, and currently also include supervising and regulating banks, maintaining the stability of the financial system, and providing financial services to depository institutions, the U.S. government, and foreign official institutions.