More banking terms

Question 1

Federal Reserve

Answer 1

America’s central bank. Conducts the nation’s monetary policy to promote maximum employment, stable prices, and moderate long-term interest rates in the U.S. economy.

Question 2

Monetary Policy

Answer 2

the Federal Reserve’s actions and communications to promote maximum employment, stable prices, and moderate long-term interest rate

Question 3

National credit union administration

Answer 3

insures deposits at federally insured credit unions, protects the members who own credit unions, and charters and regulates federal credit unions. Managing the entire credit process