The US Federal Reserve System, or the Fed, was created by Congress in 1913 to be the nation’s central banking system. The Federal Reserve Act of 1913 was enacted which granted the Fed with the authority to issue legal tender. Over the years, the Fed’s role has expanded and evolved more than its traditional role of providing the nation with flexible, better controlled and safer banking system. Essays on the US Federal Reserve System examine the nature of the Federal Reserve System, its history, and the role it plays in the US economy.,The Fed plays a multi-faceted, predominant role in the monetary policy affecting the American economy so extensive research should be done before writing essays on the US Federal Reserve System. It is also good to find reliable sources on the Federal Reserve System as well as read examples of Federal Reserve System essays in order to obtain enough information for essays on the US Federal Reserve System.,The Fed was created on December 23, 1913, with the signing of the Federal Reserve Act by President Woodrow Wilson as an answer to prevent financial panics. The Fed’s history should be discussed briefly in essays on the US Federal Reserve System. Its roles and responsibilities should also be explored in essays on the US Federal Reserve System. Some of these are supervising the nation’s monetary and financial system to protect consumers, maintaining the stability of financial markets, preventing potential financial crises, and providing certain financial services to the US. Essays on the US Federal Reserve System should also explain the structure of the Fed in handling important responsibilities.  A discussion on how the Fed implements monetary policies and how it maintains the stability of the financial system should be included in essays on the Federal Reserve System as well. Lastly, essays on the US Federal Reserve System should assess the Fed’s effectiveness.

Essays on the US Federal Reserve System

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