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The Federal Reserve commonly referred to as the "Fed" is part of the U.S. Federal Government, but is an independent office, meaning it can make decisions without approval from the President or.
One of the most important roles of the Fed is setting the country’s monetary policy. monetary policy entails policy decisions regarding interest rates and money supply. According to the Federal.
· The Federal Reserve System-or the "Fed" as it’s known-arguably plays the most crucial role in the U.S. economy. Yet most people have little idea how the Fed works, what it.