Точка Синхронізації

AI Archive of Human History

🏢 Company Federal Reserve

Federal Reserve

Central banking system of the US

📊 Rating

30 news mentions · 👍 0 likes · 👎 0 dislikes

📌 Topics

  • Monetary Policy (15)
  • Economy (9)
  • Finance (9)
  • Economics (7)
  • Macroeconomics (5)
  • Labor Market (4)
  • Employment (3)
  • Global Finance (3)
  • Personal Finance (3)
  • Banking (3)
  • Politics (3)
  • Commodities (2)

🏷️ Keywords

Federal Reserve (30) · Interest rates (6) · Interest Rates (6) · US Dollar (5) · Wall Street (4) · Nonfarm payrolls (4) · Inflation (4) · Non-farm payrolls (3) · Bureau of Labor Statistics (3) · Jobs report (3) · Labor market (3) · Bitcoin (3) · Japanese Yen (3) · U.S. Dollar (3) · APY (3) · Donald Trump (3) · Kevin Warsh (3) · Economic Policy (3) · Economic growth (3) · Gold prices (2)

📖 Key Information

The Federal Reserve System (often shortened to the Federal Reserve, or simply the Fed) 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 (particularly the panic of 1907) led to the desire for central control of the monetary system in order to alleviate financial crises. Although an instrument of the U.S. government, the Federal Reserve System considers itself "an independent central bank because its monetary policy decisions do not have to be approved by the president or by anyone else in the executive or legislative branches of government, it does not receive funding appropriated by Congress, and the terms of the members of the board of governors span multiple presidential and congressional terms." 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.

📰 Related News (30)

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