In 1913, Congress created the Federal Reserve Act, which established the Federal Reserve system as we know it. President Woodrow Wilson signed the act into law on December 23, 1913. When the Fed ...
The Federal Reserve has three main objectives: maximize employment, stabilize prices, and moderate long-term interest rates. Learn how the Fed’s role has expanded since it was established in 1913.
Fed interest rate moves can affect mortgage rates. But maybe not the way you expect. Moves by the Fed do not directly affect ...
To get through the Panic of 1907, J.P. Morgan convinced other tycoons to join him in flooding the system with capital, helping banks and businesses survive; shortly after, the Federal Reserve was ...
President Trump has said he will "demand" lower interest rates, raising questions about his ability to influence the Federal Reserve.
The Federal Reserve left interest rates unchanged Wednesday as it began a new wait-and-see policy stance amid a cloudy ...
The Federal Reserve is the central bank of the United States and the anchor of the country's financial system and economic health. It’s governed by a federal Board of Governors appointed by the ...
The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's ...
U.S. Senator Mike Lee has introduced a bill calling for the abolition of the Federal Reserve system, including the ... may be ...
The Federal Reserve announced that it has withdrawn from the Network of Central Banks and Supervisors for Greening the Financial System, which incorporated climate risk into financial rules.