The Federal Reserve System, often referred to as the Fed, is the central bank of the United States and, arguably, the most powerful financial institution in the world. It sets key interest rates, supervises and regulates banks, and maintains the stability of the US financial system. Its decisions influence global markets and foreign nations' economic policy. How much do you know about this financial powerhouse? Test your knowledge:
The buying and selling of government bonds |
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The buying and selling of private stocks |
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The buying and selling of credit accounts |
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The buying and selling of trading information |
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