The ________ Fed bank,with about 25 percent of the system's assets,is the most important of the Federal Reserve banks.

Question

Quizplus · Accepted Answer

The New York Fed bank is the most important of the Federal Reserve banks as it handles the trading and implementation of monetary policy for the Federal Reserve System, and is located in the heart of the U.S. financial industry. Additionally, it houses the world's largest gold vault.

The ________ Fed Bank,with About 25 Percent of the System's