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Each part of the Federal Reserve work together to accomplish the Fed's three main responsibilities: conducting the monetary policy, supervising banks and providing financial services.
The most important function of the Federal Reserve is to keep price stability and sustainable economic growth. In order to do it, the Federal Reserve manages the money supply according to the needs of the economy, in other words, the Fed conducts the monetary policy to achieve its goals: the low inflation and the economy healthy...
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In order to do it, the Federal Reserve manages the money supply according to the needs of the economy, in other words, the Fed conducts the monetary policy to achieve its goals: the low inflation and the economy healthy.
How does it work? The Fed has three tools to accomplish the monetary policy goals: the open market operations, the reserve requirements and the discount rate...
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