In Plain English provides an overview of the Federal Reserve System to help make sense of the complex, yet effective, organization. Learn about the three main responsibilities: conducting monetary policy, supervising banks and providing financial services. And, discover how the Federal Reserve System—through the combined efforts of the Board of Governors, the Reserve Banks and the Federal Open Market Committee—is in a strong position to make monetary policy, provide a safe banking system and contribute to an effective payments system, all of which contribute to a healthy economy.
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