<P> 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 conducts research into the economy and provides numerous publications , such as the Beige Book and the FRED database . </P>
<P> 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 conducts research into the economy and provides numerous publications , such as the Beige Book and the FRED database . </P>
who enacts fiscal policy the federal reserve board the comptroller of the currency the fdic congress
who enacts fiscal policy the federal reserve board the comptroller of the currency the fdic congress
the Federal Reserve
the Federal Reserve