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The Federal Reserve System, commonly known as the Fed, is the central bank of the U.S., which regulates the U.S. monetary and financial system.
One hundred years ago today President Wilson signed the Federal Reserve Act, thus creating the Federal Reserve System, our central bank. It wasn’t called the Bank of the United States, following ...
The Federal Reserve on Thursday launched a real-time payment system that eventually will allow consumers and businesses to send and receive money within seconds 24 hours a day, doing away with ...
The Federal Reserve affects you in more ways than you might think. From interest rates to the employment rate, here are all the ways the Fed affects daily life.
The Federal Reserve launched a new instant payment system, FedNow, on July 20. It promises to open the world of instantaneous money transfers, at any hour of any day, to the masses — at least in ...
Banks are turning to the Federal Reserve’s loan programs to access funding as turmoil sweeps the financial system in the wake several high-profile bank failures.
Trump administration officials, already agitated by the board’s monetary policy, are calling for Fed Chairman Powell’s ...
US banks can now offer crypto custody services following new Federal Reserve guidance, opening doors for institutional ...