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The Federal Reserve System |
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The Federal Reserve System, often referred to as the Federal Reserve or simply "the Fed," is the central bank of the United States. It was created by Congress to provide the United States with a safer and more stable monetary and financial system. Over the years, its role has evolved and expanded.
Read about its origins and how it has evolved, and listen to a banker talk about its current chairman, Mr. Bernanke. |
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