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.
Bond traders are increasing bets the Federal Reserve will raise U.S. short-term interest rates into 2019 as the jobs market tightens and with inflation seen climbing above its 2 percent goal.
Reuters. Mon, 17 Sep 2018 15:29:41 -0400.
The U.S. Federal Reserve said on Monday that Richard Clarida has been sworn in as a member of its board of governors and as vice chairman, the second most powerful position at the central bank.
Newsmax. Mon, 17 Sep 2018 10:28:38 EDT.