what is the federal reserve best known for?
The Federal Reserve Bank is the central bank of the United States. It was founded by the U.S. Congress in 1913 to provide the nation with a safe, flexible and stable monetary and financial system. The Federal Reserve Bank is the central bank of the United States. It was founded by the U.S. Congress in 1913 to provide the nation with a safe, flexible and stable monetary and financial system. Topics