In 1913, Congress created the Federal Reserve Act, which established the Federal Reserve system as we know it. President Woodrow Wilson signed the act into law on December 23, 1913. When the Fed ...

The Federal Reserve, or "the Fed," is the central banking system of the U.S. The purpose of the Federal Reserve is to regulate banks, manage the country's money supply, and implement monetary policy.

When Federal Reserve officials last met in late January, things looked pretty good: Hiring was solid. The economy had just grown at a solid pace in last year's final quarter. And inflation, while ...

The Federal Reserve exists to create control over the United States monetary system. It was created in 1913 in response to a banking panic, with a goal of ensuring that similar panics would be ...

Recent economic projections from Federal Reserve officials had shades of "Stagflation-lite," in the words of one economist, a ...

In these cases, the Federal Reserve may choose to simply continue open market operations, buying bonds and other assets to flood the banking system with new credit. This is known as quantitative ...