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Please describe the goals and objectives of the Federal Reserve? If the Federal Reserve does not...

Please describe the goals and objectives of the Federal Reserve? If the Federal Reserve does not control our country's money supply who does? Please explain.

What is meant by the term Quantitative Easing and state whether it is used by the federal government or Federal Reserve?

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Answer #1

The major goals and objectives of Federal Reserve are:-

1) maximum and sustainable employment

2) price stability

3) moderate interest rate in long term

If not federal reserve than govt would have controlled it because it can't be given to any capitalist as then he would only think about profit and not social welfare.

Quantitative easing refers to the introduction of new money into the money supply by a central bank of any nation. Hence, quantitative easing is done by federal reserve.

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