Thank you for your participation in ShopRiteâs Digital Receipt program. Up until recently, our digital receipts were provided through a partnership with Third Solutions. This partnership has ended and we want to make you aware of some of the changes that have occurred as a result. We changed the email service for delivery of your digital receipts.
What is the purpose of the Federal Reserve System? The Federal Reserve System, often referred to as the Federal Reserve or simply the Fed, is the central bank of the United States. It was created by the Congress to provide the nation with a safer, more flexible, and more stable monetary and financial system. The Federal Reserve was created on December 23, 1913, when President Woodrow Wilson signed the Federal Reserve Act into law.
What does it mean that the Federal Reserve is independent within the government? The Federal Reserve, like many other central banks, is an independent government agency but also one that is ultimately accountable to the public and the Congress. The Congress established maximum employment and stable prices as the key macroeconomic objectives for the Federal Reserve in its conduct of monetary policy.