U.S. Federal Reserve

The U.S. Federal Reserve, often called the Fed, is the central bank of the United States. It manages the country’s monetary policy, primarily by setting interest rates and controlling money supply to promote economic stability and growth. The Fed also supervises and regulates banks, ensuring they operate safely and effectively. Additionally, it provides financial services to the government and financial institutions. By influencing inflation and employment levels, the Fed plays a crucial role in maintaining a healthy economy and responding to financial crises.