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FED
FED stands for the Federal Reserve System, which is the central banking system of the United States.
The Federal Reserve was established in 1913 by the Federal Reserve Act to provide a stable monetary and financial system for the country.
The Fed’s primary responsibility is to regulate the supply of money and credit in the economy to achieve stable prices and maximum employment. To accomplish this, the Fed sets interest rates and uses a variety of tools to influence the money supply.