Federal Reserve

Central banking system of the United States

Federal Reserve (Under CC License)

The Federal Reserve System is the central banking system of the United States of America. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics led to the desire for central control of the monetary system in order to alleviate financial crises. Over the years, events such as the Great Depression in the 1930s and the Great Recession during the 2000s have led to the expansion of the roles and responsibilities of the Federal Reserve System.

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The recent ratcheting up of U.S.-China trade tensions is creating uncertainties for businesses and could threaten economic growth, four Federal Reserve..
Credit: Reuters - Published 17 hours ago

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Although the U.S. economic tide continues to rise, Fed data show that millions of Americans are barely treading water
Credit: CBS News - Published 17 hours ago

Uncertainty over U.S.-China trade, including how long recently increased tariffs will stay in place and if and how trade tensions will get resolved, is holding..
Credit: Reuters - Published 19 hours ago

Household finances are improving in a strong job market, but just six in 10 adults still could cover a surprise expense without selling something or borrowing..
Credit: NYTimes.com - Published 21 hours ago

Despite the president's demands that rates should be lower, the central bank continues to stress "patience"
Credit: CBS News - Published 2 days ago

The U.S. economy should grow at a solid 2.25-2.50% rate this year, with inflation moving up to the Federal Reserve's target, putting rates in the right place, a..
Credit: Reuters - Published 2 days ago

U.S. Federal Reserve officials at their last meeting agreed that their current patient approach to setting monetary policy could remain in place "for some time,"..
Credit: Reuters - Published 2 days ago

U.S. bond markets are "flirting" with a yield curve inversion that could signal slower economic growth ahead, Dallas Federal Reserve Bank President Robert Kaplan..
Credit: Reuters - Published 2 days ago

U.S. stocks dipped on Wednesday, as reports that Washington could impose restrictions on another Chinese technology company fanned trade tensions, while..
Credit: Reuters - Published 2 days ago

U.S. stocks dipped on Wednesday, as trade tensions were heightened on reports that Washington could impose sanctions on another Chinese company, while investors..
Credit: Reuters - Published 2 days ago

Global equity markets fell on Monday as a U.S. crackdown on China's Huawei Technologies led chipmaker stocks in Europe and on Wall Street to slide on fears of a..
Credit: Reuters - Published 4 days ago

Two top Federal Reserve officials went to Camden, New Jersey, on Friday, taking a different reading of the pulse of the U.S. economy by visiting what is by one..
Credit: Reuters - Published 1 week ago

Worried that current low inflation expectations will sap the U.S. central bank's ability to combat a future downturn, two Federal Reserve officials on Thursday..
Credit: Reuters - Published 1 week ago

More (Bloomberg) -- President Donald Trump called on the Federal Reserve to β€œmatch” what he said China would do to offset economic hardship being caused by..
1 week ago • WorldNews
Mr Trump suggests the Fed could help the US 'win' its trade war if it 'matches' China's stimulus efforts.
1 week ago • BBC News

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