be_ixf;ym_201906 d_17; ct_150

Federal Reserve System (FRB): The central bank of the U.S., created on Dec. 23, 1913. The four general responsibilities of the FRB are 1) Conducting the U.S.’s monetary policy; 2) Supervising and regulating financial institutions to ensure safety and soundness and protect the credit rights of consumers; 3) Maintaining the stability of the financial system and containing systemic risk that may arise in financial markets; and 4) Providing certain financial services to the U.S. government, U.S. FIs, and foreign official institutions, overseeing the nation’s payments systems.

« Back to Glossary Index
 Featured image for Ask Me Anything Q&A
NGAGE 2019
COAST TO COAST
User Conference