SIE - Securities Industry Essentials Exam
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Which entity conducts the USA's monetary policy to promote maximum employment, stable prices, and moderate long-term interest rates in the United States economy?
Federal Reserve
A
SIPC
B
FDIC
C
Department Of The Treasury
D
Explanations
The FED - Federal Reserve was created in 1913 by the Federal Reserve Act to serve as the nation's central bank. These are some of the objectives of the FED.