What is the full name of the us central bank, known as the fed? the federal reserve bank the federal deposit insurance corporation the federal financial institution the federal bank

The answer is the Federal Reserve Bank.

The Federal Reserve Bank is the full name of the US Central Bank known as the Fed.

Explanation: The Federal Reserve Bank was created by the US congress when US economy was experiencing bank failures, credit scarcity, panic and so on. It was created with the purpose of providing the nation with a secured, stable and flexible financial system. The Federal Reserve Bank is in charge of conducting the nation’s monetary policy, supervision and regulation of banks , also provision of financial services to the U.S. government and so on.

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