The Federal ... U.S. banking system. Without a central bank, there was no clear authority to provide support during this panic. That all changed when Congress passed the Federal Reserve Act ...

The Federal Reserve, or "the Fed," is the central banking system of the U.S. The purpose of the Federal Reserve is to regulate banks, manage the country's money supply, and implement monetary policy.

In 1913, Congress created the Federal Reserve Act, which established the Federal Reserve system as we know it. President Woodrow Wilson signed the act into law on December 23, 1913. When the Fed ...

Congress passed the 1913 Federal Reserve Act to set out the purpose, structure, and function of the Federal Reserve System. Under the law, the U.S. government has the authority to amend the ...

The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump’s demands to lower ...

Federal Reserve Bank of St. Louis. "M2 and Components." Board of Governors of the Federal Reserve System. "An Update to Measuring the U.S. Monetary Aggregates." Federal Reserve Bank of St. Louis.

transcript The Federal Reserve announced that it would leave ... volatile moment for the economy and the global financial system amid an onslaught of policy changes from Mr. Trump just months ...