The Federal Reserve is the central bank of world’s largest economy so people are arguing that it is the most powerful bank on earth. As an investor, it should be essential to know a basic knowledge of the Federal Reserve System.
Fed is the central bank of United States
Bankers Bank - Lender of last resort
Sole authority implementing the monetary policy in the country
Dictates monetary and economic policy in the economy...
The Federal Reserve is the central bank of world’s largest economy