The major functions of the Federal Reserve System.
The Federal reserve system is responsible for conducting national monetary policy, supervising and regulating banks, maintaining financial stability, and providing banking services.
The Federal Reserve in US is responsible for performing five major functions that is conducting the nation's monetary policy, regulating banking institutions, monitoring and protecting the credit rights of consumers,
Conclusively, they maintains the stability of the financial system, and providing financial services to the U.S. government.
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