Writea 1,050- to 1,400-word paper about The Federal Reserve's structure and functions.Describethe Federal Reserve's structure and primary functions. Explainthe effect the Federal Reserve's policies ha

Describethe Federal Reserve's structure and primary functions.

Explainthe effect the Federal Reserve's policies have on financial markets, institutions and interest rates.

Accessthe Federal Reserve Economic data web page.In the At a Glance frame near the bottom of the page you will find eight data series. List all eight series of data and explain what the data portrays and its importance.(listed Below)

1)Consumer Price Index for All Urban Consumers: All Items 0.7 % Chg. from Yr. Ago on Jun 20202)Real Gross Domestic Product-5.0 % Chg. from Preceding Period on Q1 20203)Industrial Production Index 5.4 % Chg. on Jun 2020

4)10-Year Treasury Constant Maturity Rate0.63 % on 2020-07-14

5)U.S. / Euro Foreign Exchange Rate1.1318 U.S. $ to 1 Euro on 2020-07-10

6)Unemployment Rate11.1 % on Jun 2020

7)All Employees: Total Nonfarm Payrolls 4800 Chg., Thous. of Persons on Jun 20208)Initial Claims1314000 on 2020-07-04

Formatyour paper consistent with APA guidelines.

Submit your assignment as a Microsoft® Word document.