Føderale Reserver

Føderale Reserver, or Federal Reserve, refers to the central banking system of the United States. Established in 1913, it was created to provide the country with a safe, flexible, and stable monetary and financial system. The Federal Reserve has several key functions, including managing the nation’s money supply and interest rates, supervising and regulating banks, maintaining financial system stability, and providing financial services. It plays a crucial role in the U.S. economy by conducting monetary policy, which involves influencing the availability and cost of money and credit to promote maximum employment, stable prices, and moderate long-term interest rates. The Federal Reserve is governed by a Board of Governors and has a decentralized structure that includes twelve regional Federal Reserve Banks.