Federal Reserves
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Federal Reserve 1
U.S. Federal Reserve
Economics for Business 1
January 17, 2004
Federal Reserves 2
The U.S. Federal Reserve is a main bank whose primary responsibility is setting monetary policy. They control the open market operations, the discount rate, and reserve requirements. Decisions made by the Federal Reserves committee can affect a vast number of rates from interest rates, short and long term. These decisions also affect economic spending, employment, and goods and services. This review of the U.S...