3 years ago

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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