The Federal Reserve, often referred to as the Fed, is the central banking system of the United States. It is responsible for conducting monetary policy, regulating financial institutions, and overseeing the stability of the financial system.
Established in 1913, the Fed plays a crucial role in influencing interest rates, controlling inflation, and promoting economic growth through its monetary policy decisions and regulatory actions.
The Federal Reserve also plays a key role in crypto in monitoring its impact on the broader financial system and exploring potential implications for monetary policy.