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The Daily Capital
NEWS & MARKETS Β· Lesson 47

The Federal Reserve: who they are and what they do

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

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

β€” Educational, not financial advice.

The Federal Reserve: who they are and what they do β€” The Daily Capital