Running head: FEDERAL RESERVE
1. Describe the overall structure of the U.S. Federal Reserve System. Provide three
characteristics of the Fed in your response. 1 point
The U.S. Federal Reserve System is also called as the Fed, is the U.S.'s central bank, which
offers the country with both a constant economic and a financial structure. It was started by a
parliament to provide the nation with a more secure and stable financial structure. It has a
devolved operational system of twelve banks, which are reserves. The national element of the
federal reserve unit is its reserve board, which is run by seven governors who have been
nominated by the head of state and given a confirmation by the council.
The characteristics of the Fed include the monetary policy where the exposed market agency of
the Fed is the one that sets the U.S. fiscal policy to st...
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