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. Learn about the role of the Fed in establishing competitive banking practices, protecting consumer transactions, and assuring stable markets.
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.
Gerald O'Driscoll, former vice president of the Federal Reserve Bank of Dallas, told CNBC that President Donald Trump's public pressure on the Fed to lower rates may have backfired.
CNBC. Thu, 11 Jul 2019 21:47 GMT.
Further weakness in inflation could prompt the U.S. Federal Reserve to cut interest rates, even if economic growth maintains its momentum, James Bullard, President of the Federal Reserve Bank of St. Louis, said on Wednesday.
Newsmax. Wed, 22 May 2019 11:16:56 EDT.