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dexar [7]
3 years ago
8

One major purpose of federal reserve monetary policy is to

Social Studies
1 answer:
Aneli [31]3 years ago
8 0

<u>Answer and Explanation:</u>

The Federal Reserve, also known as the Fed, is central bank of the United States of America and its major purpose is to provide safety to the nation regarding the money and finances.

All the American banks are overlooked by them and they are the only ones that are allowed to issue currency of United States. Moreover, their main job is to conduct the monetary policies for the American government.

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