AP MacroeconomicsMoney, Banking & Finance
Central Bank
A central bank is a national institution that manages a country's money supply, interest rates, and banking system.
The U.S. central bank is the Federal Reserve. It conducts monetary policy through open market operations, the discount rate, and reserve requirements, and acts as a lender of last resort. Its usual goals are stable prices and full employment.
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Money Market →
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Monetary Policy →
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