What are the three key objectives of the Federal Reserve?
Maximizing employment, stabilizing prices, moderating long-term interest rates
Controlling inflation, managing exchange rates, promoting economic growth
Regulating banks, controlling interest rates, managing government debt
Issuing currency, setting monetary policy, supervising banks
Answer
Congress established three key objectives for the Federal Reserve in the Federal Reserve Act: maximizing employment, stabilizing prices, and moderating long-term interest rates. These objectives help guide the Fed's monetary policy decisions.
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