The Federal Reserve - Essay ExampleThose initiatives should arrive at good results for the greater majority, including Small Business Enterprises and private individuals, although there seems to be a need to determine the timetable for such an achievement. As of May 2013, only large businesses were discovered to be realizing better credit facilities. Employment rate remains high although previous quarters had higher unemployment rates. However, the most recent initiatives reported in February 2013 by the Board of Governors gave some hope for changes along a better direction. In that report, full employment was made a commitment. And until the time when full employment is realized while low inflation rate at 2% is maintained, the Fed will continue to accommodate further infusion of money supply into the economy. Roles & Effectiveness of the US Federal Reserve Founded in 1913, the US Federal Reserve System was meant to serve as the country’s Central Bank under the supervision of Congress.
