The Federal Reserve is the central bank of the United States. The Federal Reserve Bank is in change of ensuring the stability of the currency and monetary system of the United States.
Congress created the Federal Reserve System in 1913 as a means to supervise U.S. banking. Learn more about the Federal Reserve and how it controls our financial system.
View this website to learn about the Federal Funds rate, which is the rate at which banks lend money to each other from their deposits to the Federal Reserve Bank.
The Fed should move interest rates up far enough to prevent unwanted inflation but not so fast that a recession ensues, Kansas City Federal Reserve Bank President Esther George said.
CNBC. Wed, 18 Jul 2018 10:44 GMT.
A strong U.S. economy means interest rate hikes will continue, but stern-faced Federal Reserve chair Jerome Powell says trade disputes, the opioid crisis, low education levels and wage stagnation remain dangers for the U.S. economy.
Canadian Broadcasting Corporation. Wed, 18 Jul 2018 04:00:43 EDT.
A long trade war that results in higher, broader tariffs "will be bad for our economy and for other economies too," Federal Reserve Chairman Jerome Powell said at a Senate hearing Tuesday.
Cameron Jenkins. NPR. Tue, 17 Jul 2018 17:17:11 -0400.