Write a paragraph or two explaining the role of the federal reserve in the u. s economy pls

The federal reserve in the us is responsible for providing the nation with a safer, more flexible, and more stable monetary and financial system.

Explanation:

The federal reserve helps stabilize the economy.

It does this through lowering or hiking the interest rates based on the economic trends in the U.S

When the value of money increase the federal reserve decreases the interest rates and vise versa.

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