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Julli [10]
3 years ago
14

Why was the federal reserve created

History
2 answers:
k0ka [10]3 years ago
5 0

Answer:

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 December 23, 1913, when President Woodrow Wilson signed the Federal Reserve Act into law.

Explanation:

Hope this helps... Lmk if not ;)

barxatty [35]3 years ago
4 0

Answer:

The Federal Reserve System, often referred to as the Federal Reserve or simply "the Fed," is the central bank of the United States. It was created by the Congress to provide the nation with a safer, more flexible, and more stable monetary and financial system.

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