Federal Reserve

The Federal Reserve, often referred to as the Fed, is the central banking system of the United States. Established in 1913, its primary roles include managing the nation's monetary policy, supervising and regulating banks, maintaining financial stability, and providing banking services to depository institutions, the U.S. government, and foreign official institutions. The Federal Reserve plays a crucial role in the U.S. economy by influencing interest rates and controlling the money supply, with the aim of achieving maximum employment, stable prices, and moderate long-term interest rates. The Fed's actions and policies have significant implications for the U.S. and global financial markets.

Trending news

Latest news