Question

The primary goal of the Federal Reserve system is to:
A maintain a safe and stable banking system
B keep banks up-to-date on the latest economic research
C provide budget recommendations to the Treasury Department
D ensure interest rates for savings accounts stay high

Answer 1

The answer is A. Maintain a safe and stable banking system. Ensuring Banking Industry Safety. Maintaining the safety and soundness of the financial institutions it regulates is an important function of the Federal Reserve System. Another good metric for evaluating management performance is a bank's return on assets

Answer 2

The primary goal of the Federal Reserve System is to maintain a safe and stable banking system.