SPECIFICS OF THE WORKING AND ORGANIZATIONAL STRUCTURE OF THE US FEDERAL RESERVE SYSTEM
This article is devoted to the structure of the principles of the Federal reserve system, its key functions and tasks, as well as an extensive structure that is not similar to the banking systems of other countries. The purpose of the article is to study the internal system of the Federal reserve, as well as to get acquainted with the key historical stages of development. Since a large role in the formation of the fed was played by many serious and shocking events in the economic sphere, which allowed us to gain invaluable experience, such as world wars, the Great depression, etc. All this forced the fed to adapt quickly and decisively to the conditions of the time. In addition, an important aspect is to gain an understanding of the powers of the US Federal reserve. For example, monetary policy or regulation of financial institutions. To do this, we studied a number of official American documents and articles about the fed’s activities, as well as comparative analyses of Central banks in different countries. As a result, the goals were achieved to systematize information about the US Federal reserve and understand the basics of its activities, structure, functions, etc. As a result, the conclusion was made about the complexity and workload of the Federal reserve, which indicates many years of experience in its development and formation.