The primary function of the Federal Reserve System is managing the nation's monetary policy. This includes regulating money supply, controlling inflation, and influencing interest rates to promote economic stability and growth. The Federal Reserve also supervises and regulates banks, provides financial services, and maintains the stability of the financial system.
What is the primary function of the Federal Reserve System?
Managing the nation's monetary policy
Advising the President on national security matters
Enforcing immigration laws
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