The Federal Reserve System is the central banking system of the United States of America. 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.
The S&P 500 index and the Nasdaq registered record closing highs after a broadbased Wall Street rally on Tuesday, as a number of better-than-expected earnings reports eased concerns about a slowdown...
Reduced worries about earnings season and a Federal Reserve perceived to be more accommodating are reasons behind the rebound that's lead to a record high close for the S&P 500, says Oppenheimer Funds'..
Reduced worries about earnings season and a Federal Reserve perceived to be more accommodating are reasons behind the rebound that's lead to a record high close for the S&P 500, says Oppeheimer Funds'..
According to Business Insider, President Donald Trump announced Monday he would not formally nominate former Republican presidential candidate and Godfather's Pizza CEO Herman Cain to a position on the..
Former pizza chain executive Herman Cain's rocky road to the Federal Reserve appeared strewn with boulders on Thursday. According to Reuters, that's when a fourth Republican senator voiced opposition,..
President Donald Trump's pressure on the Federal Reserve poses risks to the economy, an International Monetary Fund official said Thursday. The president has repeatedly lashed out at the central bank..
According to a report by Markets Insider, President Donald Trump's plan to nominate Stephen Moore and Herman Cain to the Federal Reserve has sparked concerns that the central bank's independence would..
According to Business Insider, U.S. President Donald Trump announced the selection of Herman Cain, the former Godfather's Pizza CEO and 2012 Republican presidential candidate, for the Federal Reserve..
President Donald Trump said on Friday the U.S. Federal Reserve should lower interest rates, noting that newly released jobs numbers showed the economy had performed well but adding that action by the..
According to Business Insider, U.S. President Donald Trump reportedly discussed replacing his handpicked chairman of the Federal Reserve late last year. Axios reported Wednesday that the president was..
Herman Cain, facing resistance from his own political party as U.S. President Donald Trump’s pick to fill a seat on the Federal Reserve Board, withdrew Monday from consideration for the post, citing.. WorldNews - Published
Herman Cain, facing resistance from his own political party as U.S. President Donald Trump's pick to fill a seat on the Federal Reserve Board, withdrew Monday from consideration for the post, citing.. Reuters - Published
Herman Cain, facing resistance from his own political party, has withdrawn from consideration for a seat on the Federal Reserve Board, U.S. President Donald Trump said on Monday. Reuters - Published Also reported by •WorldNews
President Donald Trump said on Sunday that actions by the U.S. Federal Reserve have nicked U.S. economic growth and stock market gains by perhaps 30 percent, and that it should begin pumping money into.. Reuters - Published
As President Donald Trump keeps up his attacks on the Federal Reserve's policies, Wall Street is cautiously embracing them, giving a passing grade to the Fed's communication since its shift in January.. Reuters - Published
As a financial crisis spread across the globe in September of 2008, the U.S. Federal Reserve gathered in an emergency atmosphere as requests flooded in from other central banks for access to dollars. Reuters - Published
European Central Bank President Mario Draghi expressed concern on Saturday about the U.S. Federal Reserve's independence, warning that a loss of its autonomy could undermine the credibility of policy. Reuters - Published