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The Federal Reserve Board of Governors in Washington DC.
6 days ago · Inflation has come a long way since reaching a four-decade peak two years ago, Federal Reserve Chair Jerome Powell said Tuesday. However, central bank officials still want to see more progress ...
Before the founding of the Federal Reserve System, the United States underwent several financial crises. A particularly severe crisis in 1907 led Congress to enact the Federal Reserve Act in 1913. Today the Federal Reserve System has responsibilities in addition to stabilizing the financial system.
Jun 12, 2024 · The Fed has kept interest rates at a 23-year high for nearly a year, after kicking off an aggressive rate-hiking campaign in March 2022. Central bankers are waiting for more evidence that...
Jul 3, 2024 · The Federal Reserve. conducts the nation’s monetary policy to promote maximum employment, stable prices, and moderate long-term interest rates in the U.S. economy; promotes the stability of the financial system and seeks to minimize and contain systemic risks through active monitoring and engagement in the U.S. and abroad;
May 3, 2023 · What Happened Today at the Fed Meeting. The Federal Reserve raised interest rates by a quarter of a point, its 10th straight increase, as inflation remains stubbornly high. The increase may be...
