Definition
The Federal Reserve System is the central banking system of the United States.
Why It Matters
It manages monetary policy and financial stability.
Example
Adjusting interest rates to control inflation.
Malone Global University
Malone Global University
Economics Glossary – Malone Global University
The Federal Reserve System is the central banking system of the United States.
It manages monetary policy and financial stability.
Adjusting interest rates to control inflation.