Do you get lost trying to remember all the players on the Global Financial Stage? So do we. Below is a list of some of the major characters…

The Federal Reserve System (also known as the Federal Reserve or the Fed)

The Federal Reserve is the US’s Central Bank.   It was created on December 23, 1913, as a response to a series of financial panics.   The System consists of a seven member Board of Governors based in Washington, D.C., and twelve Reserve Banks located in major cities throughout the US.  The members of the board and the twelve Reserve Banks meet monthly to determine the country’s monetary policy at the FOMC meetings.

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