Major functions of the federal reserve board


Q1. Discuss the major functions of the Federal Reserve Board

Q2. Recognize the role of the FED as the commercial bank of the US Treasury

Q3. Analyze the supervisory and regulatory authority of the FED over the activities of banks in their district

Q4. Explain the FED responsibility in the collection and replacement of damaged currency from circulation

Q5. Describe the FED role in the processing, routing, and transfer of funds from one bank to another

Q6. Explain the Federal Reserve Communication System for wire transfers between the FED and the commercial banks

Q7. Evaluate the role of the FED in conducting research and interpreting economic data

Q8. Evaluate the role of the FED in setting discount rates and the effect of the rate changes on the US Financial System

Q9. Discuss the role of The Office of the Comptroller of Currency, regulation 9, and the impact on trust departments

Present your findings as a 4-5 page Word document formatted in APA style.

Please include:

1. ABSTRACT.
2. BODY.
3. REFERENCE

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Finance Basics: Major functions of the federal reserve board
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