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Why You Should Care About the Federal Reserve

Why You Should Care About the Federal Reserve The Federal Reserve Board makes key decisions about our economy and our financial system. It sets short-term interest rates and regulates the big banks. For the past four years, it has been led by its first woman chair, Janet Yellen. Under Yellen’s leadership, the Fed has been focused on putting people to work—on full employment—in a way we haven’t seen in decades.
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