Economy, asked by KRISWIN, 1 year ago

what is the central bank of usa?

Answers

Answered by akki109

ʜᴇʟᴡ ꜰʀɪᴇɴᴅ yᴏᴜʀ ᴀɴꜱᴡᴇʀ ɪꜱ

The Federal Reserve System (also known as the Federal Reserve or simply the Fed) is the central bankingsystem of the United States of America.

ᴍᴀʀᴋ ᴀꜱ ʙʀᴀɪɴʟɪᴇꜱᴛ ᴩʟᴇᴀꜱᴇ

Answered by mythpat12

Answer:

The Federal Reserve System is the central banking system of the United States of America. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics led to the desire for central control of the monetary system in order to alleviate financial crises

Explanation:

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