The Fed's mission is to protect the integrity of the nation's money by providing a healthy banking and financial system that is consistent with price stability and sustainable economic growth. This basic mission has not changed for the more than 80 years that the Fed has been in existence. Although the purposes and functions of the Fed have not changed over its history, the economic, financial and social environment in which the Fed operates has changed. The Fed, as a result, has transformed itself and the way it does business in response to this dynamic environment.

Today, the Fed is a market-driven and customer-driven entity. It has elements of both the public and privat

Some topics in this essay:
Federal Funds, Background Fed's, Federal Reserve, United Fed, Market Committee, Reserve Bank, , federal reserve, funds rate, federal funds, federal funds rate, discount rate, prime rate, rate rate, private sector, changes federal funds, environment fed, changes federal, increase rates,