Major functions of the federal reserve board


Question 1: Discuss the major functions of the Federal Reserve Board

Question 2: Recognize the role of the FED as the commercial bank of the US Treasury

Question 3: Analyze the supervisory and regulatory authority of the FED over the activities of banks in their district

Question 4: Explain the FED responsibility in the collection and replacement of damaged currency from circulation

Question 5: Describe the FED role in the processing, routing, and transfer of funds from one bank to another

Question 6: Explain the Federal Reserve Communication System for wire transfers between the FED and the commercial banks

Question 7: Evaluate the role of the FED in conducting research and interpreting economic data

Question 8: Evaluate the role of the FED in setting discount rates and the effect of the rate changes on the US Financial System

Question 9: 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.

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Finance Basics: Major functions of the federal reserve board
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