``America's monetary policy is set by the Federal Reserve, our central bank, which influences the amount of money and credit in our economy, and, therefore also influences interest rates, inflation, and our economy's health and performance.

The Federal Reserve (which you can now refer to as "the Fed," due to your increased savviness) aims to have our economy in excellent condition, which means having interest rates and inflation at moderate, reasonable rates, and unemployment low.''

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