What Is The Purpose Of The Federal Reserve System? The Federal Reserve System, often referred to as the Federal Reserve or simply "the Fed," is the central bank of the United States. 12594 It was created by the Congress to provide the nation with a safer, more flexible, and more stable monetary and financial system. The Federal Reserve was created on. Amazon.com: Sullivans 12594 Irons & Accessories: Home ... This shopping feature will continue to load items. In order to navigate out of this carousel please use your heading shortcut key to navigate to the next or previous heading.
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