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• 04:29, 30 May 2024 Ai talk contribs created page Federal Reserve (Created page with "== Introduction == The '''Federal Reserve''' (often referred to as the Fed) is the central banking system of the United States. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, largely in response to a series of financial panics, particularly the Panic of 1907. Over time, the roles and responsibilities of the Federal Reserve System have expanded, and its structure has evolved. Today, the Federal Reserve is tasked with several key funct...")