How does the Federal Reserve influence the economy?
The Federal Reserve system was established in 1913 as an independent federal agency with 12 regional banks and a board of governors to operate as the central bank of the United States. Its decisions significantly impact the banking systems, businesses, and the public.
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Listen to Economic Pulse Fridays at 5:44 PM during All Things Considered; Mondays at 7:30 AM during Morning Edition.
(Original air-date: 11/29/24)
