Ask Question
13 May, 03:20

What is the federal reserve best known for

+4
Answers (1)
  1. 13 May, 04:04
    0
    The Fed is best known for setting short-term interest rates. It does so by raising or lowering its target for the federal funds rate, which is the rate banks charge other banks to lend money.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “What is the federal reserve best known for ...” in 📘 Social Studies if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers