Question

The United States’ central bank, the ________ , holds the account balances of the country’s commercial banks. These are called _____.

Answer 1

The Federal Reserve System

Reserve Requirements

Step-by-step explanation:

The Federal Reserve System, regularly introduced to as the Federal Reserve or directly "the Fed," is the central bank of the United States.

The important roles of the Federal Reserve System

• Regulates the capital accumulation with monetary policy.
• Monitors commercial institutions.
• Maintains provincial and federal check-clearing methods.
• Manages the federal collateral support of commercial banks in the Federal Reserve System.

Answer 2

Answer: the Federal Reserve System

Reserve Requirements

Explanation: The Federal Reserve System also known as The Fed is the Central Bank of the United States.

The Federal Reserve System was created by the Federal Reserve Act of 1913.

Reserve requirements is the minimum amount that Commercial Banks must have in the vaults of the Fed . The reserve requirement is set in proportion to the deposits held by commercial banks.

It is one of the major tools of monetary policy.

It is a means through which the Fed ensures stability of commercial banks.

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