- Watch the video ‘The Fed Today’ located at https://www.federalreserveeducation.org/resources/fedtoday/
- Answer the following questions in a 750-word report. Why did some Americans lost faith in the banking system before the Federal Reserve System was in place? Include the following in your response.
- Explain the three primary roles of the 12 Federal Reserve Banks
- Why is the Federal Reserve referred to as the banker’s bank?
- Describe the role of the Federal Open Market Committee in conducting monetary policy.
- Based on this video, why might the Federal Reserve want to decrease the money supply?
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