The Fed is responsible for performing the function
What is the function of the United States Fed
The United States Federal Reserve, or the Fed, serves several pivotal functions within the nation's financial system and economy. Its primary roles include formulating and implementing monetary policy to achieve stable prices and maximum employment.
The Fed supervises and regulates banks to ensure their safety, stability, and compliance with financial laws. Additionally, it plays a crucial role in maintaining financial system stability, providing payment services, managing the nation's currency supply, and conducting economic research to inform policy decisions.