It is also called "The Fed". The Federal Reserve is the central bank of the United States of America and it supervises/oversees the banking operations of all banks in USA. They are responsible for the proper functioning of all the banks and they are also the lender to the banks (The place where banks go to borrow money if they are short of funds)
Reserve
Federal Reserve Bank of San Francisco was created in 1930.
The Federal Reserve is responsible for managing the money supply in the U.S.
Federal Reserve Bank of Cleveland was created in 1923.
Why does the Federal Reserve Bank of New York play a special role within the Federal Reserve System?
The Federal Reserve, also known as the Federal Reserve Bank or just the Fed.
The Federal Reserve
It varies from country to country. Every country has a central bank that is the bank for other banks in the country. Ex: Federal reserve system - USA Reserve Bank - India etc
Reserve
Reserve
Federal Reserve System
Federal Reserve Bank of San Francisco was created in 1930.
The Federal Reserve is responsible for managing the money supply in the U.S.
Federal Reserve Bank of Cleveland was created in 1923.
Why does the Federal Reserve Bank of New York play a special role within the Federal Reserve System?
The Federal Reserve Bank manages the U.S. economy by controlling the money supply.
The second district in the Federal Reserve System is regulated by the Federal Reserve Bank of New York. This includes New York, and part of New Jersey.