Business, Legal & Accounting Glossary
The Federal Reserve Act of 1913 established the Federal Reserve System (aka the Federal Reserve, or simply the Fed) to regulate the banking and monetary system in the United States.
President Wilson signed the act created the United States’ central bank. The Fed’s responsibilities can be split into four general categories.
To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.
Definitions for Federal Reserve Act are sourced/syndicated and enhanced from:
This glossary post was last updated: 5th August, 2021 | 0 Views.