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Federal Reserve

Central banking system of the United States of America

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Federal Reserve: Central banking system of the United States of America
The Federal Reserve System is the central banking system of the United States. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics led to the desire for central control of the monetary system in order to alleviate financial crises. Over the years, events such as the Great Depression in the 1930s and the Great Recession during the 2000s have led to the expansion of the roles and responsibilities of the Federal Reserve System.

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Federal Reserve Poised to Announce Latest Interest Rate Hikes Despite Slowing Inflation [Video]

Federal Reserve Poised to Announce Latest Interest Rate Hikes Despite Slowing Inflation

Federal Reserve Poised to Announce , Latest Interest Rate Hikes , Despite Slowing Inflation. On February 1, the Federal Reserve will announce its latest interest rate increase which comes amid the..

Credit: Wibbitz Top Stories     Duration: 01:30Published
Interest Rates Likely to Stay High Despite Inflation Cooling [Video]

Interest Rates Likely to Stay High Despite Inflation Cooling

Interest Rates , Likely to Stay High , Despite Inflation Cooling. In December, price growth in the United States cooled, despite the economy continuing to show signs of weakness. NBC reports that..

Credit: Wibbitz Top Stories     Duration: 01:31Published
Fed Must Be Free of 'Political Control' to Curb Inflation, Powell Says [Video]

Fed Must Be Free of 'Political Control' to Curb Inflation, Powell Says

Fed Must Be Free of 'Political Control', to Curb Inflation, , Powell Says. Federal Reserve Chairman Jerome Powell made the comments on Jan. 10. Powell stated that preventing further price increases..

Credit: Wibbitz Top Stories     Duration: 01:30Published
Latest Fed Rate Outlook Has Mixed Impact on US Stock Markets [Video]

Latest Fed Rate Outlook Has Mixed Impact on US Stock Markets

Latest Fed Rate Outlook , Has Mixed Impact , on US Stock Markets. Business Insider reports that U.S. stocks saw mixed results as investors reacted to the latest Federal Reserve interest rate..

Credit: Wibbitz Top Stories     Duration: 01:31Published
Goldman Sachs Joins Growing Number of Top Companies to Lay Off Thousands [Video]

Goldman Sachs Joins Growing Number of Top Companies to Lay Off Thousands

Goldman Sachs Joins, Growing Number of Top Companies , to Lay Off Thousands. CNN reports that sources say Goldman Sachs (GS) is getting ready to lay off up to 3,200 employees this week amid an..

Credit: Wibbitz Top Stories     Duration: 01:31Published
Jobless Claims in the US Reach Lowest Level Since September [Video]

Jobless Claims in the US Reach Lowest Level Since September

Jobless Claims in the US , Reach Lowest Level , Since September. Last week, applications for unemployment benefits in the United States fell to reach the lowest level since September. . 'Bloomberg'..

Credit: Wibbitz Top Stories     Duration: 01:31Published
Economy May Be Cooling as Inflation Slows in November [Video]

Economy May Be Cooling as Inflation Slows in November

Economy May Be Cooling , as Inflation Slows in November. NBC reports that November saw consumer price growth cool, indicating the economy may be slowing down. November data may also be a sign..

Credit: Wibbitz Top Stories     Duration: 01:30Published

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US Federal Reserve increases interest rates by 0.5% to combat inflation - the biggest hike in decades

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Jerome Powell secures nod for second term as chair of US Federal Reserve

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Global markets slide amid signs Fed to 'taper' emergency stimulus despite Delta concerns

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Juelz Santana Denied Trip to Miami by Judge, Feds Say He Failed Drug Test

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Sensex, Nifty shrug off China tensions, end higher on Fed hopes

Indian shares shrugged off a momentary jolt from rising Indo-China border tensions to finish higher on Tuesday, as hopes of a fresh liquidity boost from the U.S. Federal Reserve lifted global risk..
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Sensex, Nifty jump as U.S. Fed's debt buying offers liquidity hopes

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Nifty, Sensex edge lower after dour U.S. Fed outlook

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Fed vows to support U.S. economy's 'long road' to recovery after dire 2020

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Sensex, Nifty hammered as stimulus details fail to excite

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U.S. cuts rates over coronavirus economic impact as global death toll rises

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