Federal Reserve Board - The Fed Explained The 11th edition of The Fed Explained: What the Central Bank Does (formerly The Federal Reserve System Purposes Functions) details the structure, responsibilities, and work of the U S central banking system
Federal Reserve Board - Monetary Policy Monetary policy in the United States comprises the Federal Reserve's actions and communications to promote maximum employment, stable prices, and moderate long-term interest rates--the economic goals the Congress has instructed the Federal Reserve to pursue
The Fed - Federal Open Market Committee For more information about the FOMC and monetary policy, see the "Monetary Policy" section of The Fed Explained: What the Central Bank Does FOMC Rules and Authorizations are available online