Federal Reserve System
As the recession expands all over the U.S, more and more people are interested in how Federal Reserve Bank works and how can they work out some methods to tide over the crisis. Recently, our university, California State University Fresno, invited Fed staff to present the purposes and functions of the Federal Reserve System, banking supervision and regulation, and the conduct of monetary policy.
As we all know, Federal Reserve Bank is all banks’ bank and it use monetary…
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