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			November 22, 2009

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You are here : AllRefer.com > Reference > Encyclopedia > Money, Banking, And Investment > Federal Reserve System
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Federal Reserve System, Money, Banking, And Investment

Related Category: Money, Banking, And Investment

Federal Reserve System, central banking system of the United States. Established in 1913, it began to operate in Nov., 1914. Its setup, although somewhat altered since its establishment, particularly by the Banking Act of 1935, has remained substantially the same.

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