The central bank of the United States is called the A. Bank of the United States System.
B. Federal Reserve System.
C. Federal Bank Oversight System.
D. Credit Reserve System.
The central bank of the United States is called the
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The central bank of the United States is called the A. Bank of the United States System.
B. Federal Reserve System.
C. Federal Bank Oversight System.
D. Credit Reserve System.
The correct answer is B. Federal Reserve System.
The Federal Reserve System, often referred to as the Fed, is the central banking system of the United States. It was established to provide the country with a safe and flexible monetary and financial system. The Fed manages the nation’s money supply, conducts monetary policy, supervises and regulates banks, and provides financial services.