How is the Federal Reserve System structured?

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04-11-2021
Business

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How is the Federal Reserve System structured?

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jebraz22153 jebraz22153 · Answer 1 · 2021-11-04T12:31:31-04:00

jebraz22153 jebraz22153

04-11-2021

Answer:

The Federal Reserve System has a two-part structure: a central authority called the Board of Governors located in Washington, D.C., and a decentralized network of 12 Federal Reserve Banks located throughout the U.S. One of the most visible functions of the Fed plays out at the meetings of the Federal Open Market .

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