Fed Functions: Conducting Monetary Policy

The Federal Reserve, or the Fed, performs five key functions that help promote a healthy economy for all Americans. One of those functions is conducting the nation's monetary policy.
Monetary policy is what the Federal Reserve does to accomplish two goals mandated by the U.S. Congress--promoting maximum employment, which means all Americans that want to work are gainfully employed, and promoting stable prices for the goods and services we all purchase.
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