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zepelin [54]
3 years ago
7

What role does the federal reserve play in regulating the banking system?

History
2 answers:
liubo4ka [24]3 years ago
6 0
<span>The federal reserve coordinates all regulatory activities and examines banks periodically.</span>
Ahat [919]3 years ago
6 0

The local bank must comply with Federal Reserve policies regarding cash reserves, check-clearing procedures, and setting interest rates.

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