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    Finance, Savings, Investment, Money, and Fiscal and Monetary Policy

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    What is the role of the Federal Reserve Bank (the Fed)?
    What are the Fed's goals and targets?
    How has the Fed changed since the financial collapse in 2008?
    What would you suggest to help the economy rebound?

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    What is the role of the Federal Reserve Bank (the Fed)?
    The Federal Reserve System was first introduced by Alexander Hamilton in the 1790's. There have been 2 other version counting today's Fed. The concept of the Fed is to have a centralized banking system that provided the United States with a safe, flexible, and stable monetary and financial system (Informing the public about the FED, 2013).
    - The Fed facilitates the nation's monetary policies by having an impact of the money and credit conditions.
    - Supervising and monitoring banks and other financial institutes.
    - Maintaining the stability of the financial system and containing systemic risk that may arise in financial markets.
    - Assisting in the financial services for the Government, US financial institutions, and in some foreign institutions. Such as payment systems that are in operations or going to be ...

    Solution Summary

    The solution includes explanations of the following issue regarding the Federal Reserve Bank: goals, target, and changes since the financial collapse.