Federal Reserve

Central banking system of the United States of America

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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 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 23 hours ago

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 3 weeks ago

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 3 weeks ago

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 3 weeks ago

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 3 weeks ago

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 on December 15, 2022

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 on December 13, 2022

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US interest rates set by Federal Reserve rise to their highest since 2007 US interest rates are now at their highest since the global financial crisis as the US central bank has again imposed an increase as it seeks to lower inflation. Sky News - Published on December 14, 2022
Brett Favre in Fed's Crosshairs After Ex-Miss. Welfare Agency Head's Guilty Plea Brett Favre's alleged involvement in a multi-million dollar welfare scandal may have just gone from bad to worse ... 'cause a key figure in a criminal case has just made a deal to cooperate with the.. TMZ.com - Published on September 23, 2022
US Federal Reserve increases interest rates by 0.5% to combat inflation - the biggest hike in decades The US Federal Reserve has increased its benchmark interest rate by 0.5% to combat inflation - the sharpest hike since 2000. Sky News - Published on May 4, 2022

Fed raises rates as US economy eyes heightened inflation spike from Putin's war The US central bank has fired the starting pistol on interest rate rises as the world's largest economy faces up to a surge in inflation that is only predicted to accelerate during Russia's war in.. Sky News - Published on March 16, 2022
Jerome Powell secures nod for second term as chair of US Federal Reserve US president Joe Biden has nominated Jerome Powell for a second four-year term at the helm of the country's central bank. Sky News - Published on November 22, 2021
Global markets slide amid signs Fed to 'taper' emergency stimulus despite Delta concerns Stock markets have fallen sharply after signs that the US Federal Reserve could start pulling away emergency support for the world's biggest economy later this year. Sky News - Published on August 19, 2021

Juelz Santana Denied Trip to Miami by Judge, Feds Say He Failed Drug Test Juelz Santana is staying grounded in New Jersey, a judge just denied his big trip to sunny South Florida -- this after the feds claim the rapper failed a drug test -- but his team believes it's a.. TMZ.com - Published on April 15, 2021
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.. Reuters India - Published on June 16, 2020
Sensex, Nifty rise on U.S. Fed's move to boost liquidity Indian shares rose on Tuesday, joining a global rally, after the U.S. Federal Reserve's corporate bond buying programme boosted hopes of liquidity in domestic markets and outweighed concerns about.. Reuters India - Published on June 16, 2020
Sensex, Nifty jump as U.S. Fed's debt buying offers liquidity hopes Indian shares rose on Tuesday, joining a global rally, after the U.S. Federal Reserve's corporate bond buying programme boosted hopes of liquidity in domestic markets and outweighed concerns about.. Reuters India - Published on June 16, 2020

Sensex, Nifty end 2% lower on delayed telecoms ruling, dour Fed outlook Indian shares closed down over 2% on Thursday, led by bank stocks, after the country's top court extended a hearing on telecom companies' outstanding dues, adding to downbeat sentiment following a dour.. Reuters India - Published on June 11, 2020
Nifty, Sensex edge lower after dour U.S. Fed outlook Indian shares inched lower on Thursday as a recent rally on the back of easing domestic lockdowns led by institutional buying paused after a sober economic outlook from the U.S. Federal Reserve. Reuters India - Published on June 11, 2020
Nifty, Sensex edge down as financials drag Indian shares edged down on Thursday, dragged down by financials, as a recent rally on the back of easing domestic lockdowns paused after a sober economic outlook from the U.S. Federal Reserve dented.. Reuters India - Published on June 11, 2020	Fed vows to support U.S. economy's 'long road' to recovery after dire 2020 The U.S. Federal Reserve on Wednesday signaled it plans years of extraordinary support for an economy facing a torturous slog back from the coronavirus pandemic, with policymakers projecting the.. Reuters India - Published on June 11, 2020
Sensex, Nifty hammered as stimulus details fail to excite Indian shares tumbled on Thursday after a poorly received initial stimulus from the government to aid coronavirus-hit businesses, while a gloomy outlook from the head of the U.S. Federal Reserve.. Reuters India - Published on May 14, 2020	Indian shares slide as stimulus fails to excite; Powell's grim outlook weighs Indian shares slid on Thursday as an initial government stimulus to boost a coronavirus-hit economy failed to excite investors, while a dour outlook from the chief of the U.S. Federal Reserve added to.. Reuters India - Published on May 14, 2020
What you need to know about coronavirus right now Central bankers from Tokyo to Frankfurt are under growing market pressure to follow the U.S. Federal Reserve's 0.5 percentage point rate cut - even if the surprise move on Tuesday fell way short of its.. Reuters - Published on March 4, 2020	U.S. cuts rates over coronavirus economic impact as global death toll rises As the new coronavirus spreads in South Korea, Europe and the United States, the U.S. Federal Reserve cut interest rates on Tuesday in an emergency move to try to prevent a global recession with the.. Reuters - Published on March 3, 2020
U.S. cuts rates over coronavirus; G7 pledges action but no quick fix The U.S. Federal Reserve cut interest rates on Tuesday in an emergency move to shield the world's largest economy from the impact of the coronavirus, as Group of Seven finance officials pledged.. Reuters - Published on March 3, 2020	U.S. cuts rates as G7 pledges to fight coronavirus The U.S. Federal Reserve cut interest rates on Tuesday in an emergency move to shield the world's largest economy from the impact of the coronavirus, as Group of Seven finance officials pledged.. Reuters - Published on March 3, 2020