When Congress created the Federal Reserve Bank system via the Federal Reserve Act in 1913, it laid out the Fed's objectives as maximum employment, price stability and moderate long-term interest ...

The Federal Reserve controls monetary policy in the U.S., aiming to ensure a stable financial system. Browse Investopedia’s expert-written library to learn more.

The Federal Reserve announced a series of coordinated actions Sunday night to blunt the economic impact of the coronavirus, including lowering the federal funds rate to zero to 0.25%, and making ...

The Federal Reserve System makes no sense. Oh, sure, you can understand why in a country as large as the United States you might want the central bank to be a bit, er, decentralized. That's why ...

Worried that a mounting debt crisis in Europe could trip up the global economy, the Federal Reserve opened its vault Thursday to the central banks of other countries in an effort to head off a ...