Write a 1,050- to 1,400-word paper about The Federal Reserve’s structure and functions.
Describe the Federal Reserve’s structure and primary functions.
Explain the effect the Federal Reserve’s policies have on financial markets, institutions and interest rates.
Access the Federal Reserve Economic data web page: https://research.stlouisfed.org/fred2/ In the At a Glance frame near the bottom of the page you will find eight data series. List all eight series of data and explain what the data portrays and its importance.
Format your paper consistent with APA guidelines.
Click the Assignment Files tab to submit your assignment as a Microsoft® Word document.
The Federal Reserve Structure
The Federal Reserve plays a crucial role in maintaining the economic stability of the economy. It has been set up to carry out its activities independently from political pressure. Furthermore, the operations of the Federal Reserve are financed through its resources independent of the government. It has a three-part structure that involves a centralized system involving the board of governors located in Washington DC, a decentralized system involving 12 regional Federal Reserve banks that are located throughout the United States and Federal Open Market Committee.