Definition:
Federal Reserve
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The Federal Reserve is the agency that serves as a "lender of last resort" for depository institutions in need of temporary loans.The Federal Reserve is charged by the U.S. Congress to monitor and control the growth of money and credit and stabilize credit market conditions and the economy.
The Federal Reserve is main regulator in charge of monetary policy in the United States.
Latest Articles Related to Federal Reserve
June 08, 2010 | Carl Smith
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