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The Role of the Modern Federal Reserve

Clip: 1/12/2021 | 2m 37sVideo has Closed Captions

How does the nation’s central bank work to oversee the U.S. economy?

What is the role of the Federal Reserve in regulating the U.S. economy? The Fed has two major roles: monetary policy, accomplished through the setting of interest rates, and oversight of the financial system, such as the regulation of the banking system at large. Through these two sets of tools, the Fed can stimulate a sluggish economy, reduce inflation, and ensure banks are operating properly.

01/12/2021

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Marriner Eccles: Father of the Modern Federal Reserve is a local public television program presented by PBS Utah

Funding provided by the Lawrence T. & Janet T. Dee Foundation, and by Vincent P. and Janet Mancini.

The Role of the Modern Federal Reserve

Clip: 1/12/2021 | 2m 37sVideo has Closed Captions

What is the role of the Federal Reserve in regulating the U.S. economy? The Fed has two major roles: monetary policy, accomplished through the setting of interest rates, and oversight of the financial system, such as the regulation of the banking system at large. Through these two sets of tools, the Fed can stimulate a sluggish economy, reduce inflation, and ensure banks are operating properly.

01/12/2021

Problems playing video?   | Closed Captioning Feedback

Report a Problem

Before you submit an error, please consult our Video Help page.

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Marriner Eccles
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Marriner Eccles

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Marriner Eccles: Father of the Modern Federal Reserve is a local public television program presented by PBS Utah

Funding provided by the Lawrence T. & Janet T. Dee Foundation, and by Vincent P. and Janet Mancini.

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