Federal Reserve
Congress passed the Federal Reserve Act in 1913. This topic is part of Economics within Government & Society. This page currently draws on 4 supporting questions, with answers and bonus facts available below.
Federal Reserve trivia questions
The Federal Reserve is the central bank of which country?
Answer: United States
Bonus fact: It is commonly called the Fed.
In what year was the Federal Reserve System created?
Answer: 1913
Bonus fact: Congress passed the Federal Reserve Act in 1913.
What committee sets the target range for the federal funds rate?
Answer: Federal Open Market Committee
Bonus fact: The FOMC is the Fed's main monetary-policy body.
What is the central bank of the United States?
Answer: Federal Reserve
Bonus fact: The Federal Reserve System was created in 1913.