It’s the institution that made America.
Its full name is the United States Federal Reserve System.
In the same way, China’s responsibility is to maintain a reasonable inflation level in the region and stabilize the financial market, that is, in the case of inflation, the central bank of China adopts tightening policies, such as raising;
In a tightening cycle, the central bank eases monetary policy, such as lowering interest rates.
The Federal Reserve is not state-owned.
It is an independent agency authorized by the United States Congress and established jointly by member banks.
The Fed has many important responsibilities to ensure smooth functioning.
It aims to stabilise prices, economic growth and maximise employment, and even handle payments such as social security.
The Federal Reserve has been in existence for more than 100 years. It represents the central bank of the world’s largest economy.
Therefore, there is no doubt that the Fed is the most influential central bank in the world.
Global investors will scrutinise any comments from the Fed’s board as changes in US monetary policy could have far-reaching implications for the rest of the world.
