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.
While the move to "average inflation targeting" is in a respect historic for the Fed, market participants remain largely skeptical that the Fed can achieve its newly defined goal.
CNBC. Thu, 17 Sep 2020 19:41:42 GMT.
Wall Street closed mixed on Wednesday after the Federal Reserve reiterated its stance that zero or near-zero interest rate regime will prevail at least up to 2023.
Zacks Equity Research. Zacks. Thu, 17 Sep 2020 13:29:00 GMT.
BEIJING (AP) - Global stocks and U.S. futures sank Thursday after the Federal Reserve indicated its benchmark interest rate will stay close to zero at least through 2023 but announced no additional stimulus plans. ...
Joe Mcdonald. Washington Times. Thu, 17 Sep 2020 02:16:38 -0400.