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The Daily Capital
NEWS & MARKETS · Lesson 47

The Federal Reserve: who they are and what they do

Daily Desk · Editorial5 min read
One institution can move every market on earth with a single sentence. Meet the Federal Reserve — the most powerful financial body you never voted for.

When “the Fed” speaks, markets worldwide move within seconds. For something this powerful, surprisingly few people can say what it actually is. Let's fix that.

— Educational, not financial advice.