Which is not a function of the Fed?

Name: Which is not a function of the Fed?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The Federal Reserve (Fed) does not directly finance U.S. budget deficits. Financing the government's budget deficit involves the Treasury issuing bonds, which are bought by various entities, including private investors and foreign governments. The Fed can influence the overall economy and indirectly affect government financing costs through monetary policy, but it does not directly finance budget deficits.

Which Is Not a Function of the Fed