Federal Reserve

Reuters  11 hrs ago  Comment 
The U.S. dollar was on the defensive on Thursday after posting its largest loss in two months when the Federal Reserve turned out to be less hawkish than anticipated.
WA Business News  Mar 22  Comment 
The Australian share market is trading lower after US stocks dropped in late trade following the US Federal Reserve's first interest rate hike for the year.
Forbes  Mar 21  Comment 
Fed’s policies won’t have a big impact on cryptocurrency prices.
Reuters  Mar 21  Comment 
A committee in the U.S. House of Representatives voted Wednesday to name the Federal Reserve as the primary regulator for the "Volcker Rule," which bars banks from speculative trading.
Mondo Visione  Mar 21  Comment 
The attached table and charts released on Wednesday summarize the economic projections and the target federal funds rate projections made by Federal Open Market Committee participants for the March 20-21 meeting. The table will be incorporated...
MarketWatch  Mar 21  Comment 
The new Federal Reserve chairman was reluctant to dismiss the sweeping Republican tax bill, even as the central bank’s economic forecasts don’t anticipate a big stimulus.
MarketWatch  Mar 21  Comment 
The Fed is about to reveal its interest-rate decision and we're covering it live
Benzinga  Mar 21  Comment 
The following originally appeared on Blue Line Futures. For specific technical levels, sign up for a free trial. E-mini S&P (June) Yesterday’s close: Settled at 2723.50 Fundamentals: U.S equity indices come into this morning after a more...
The Economic Times  Mar 21  Comment 
The US Federal Reserve has consistently overestimated real economic growth.
guardian.co.uk  Mar 21  Comment 
Rolling coverage of the Federal Reserve decision on US interest rates, and Jerome Powell’s first press conference as Fed chair Powell: Trade is becoming a risk to the outlook Newsflash: The Fed has hiked US interest rates to 1.75% Fed: The...


Related Articles


The Federal Reserve is the third central bank of the USA. It was legally established on December 23, 1913, when US president Woodrow Wilson signed the Federal Reserve System Act. The Federal Reserve was blamed to have deepened the Great Depression after the crash of 1929. In a panicky reaction it then deflated money supply, causing a lasting and deep economic contraction.

In the inflationary period from 1973 - caused by the first oil shock - to 1981 chairman Paul Volcker managed to battle inflation successfully by raising the leading interest rate to more than 20%. At the same time Volcker succeeded in keeping the economy out of a drawn-out recession.

The policy style changed with the nomination of Alan Greenspan in 1987. Only 2 months into office Greenspan was confronted with the Black Monday of 1987, when the Dow Jones Industrials Average fell 22%, its biggest loss ever in a day. Remembering the fatal results of tight liqudity after the crash of 1929 Greenspan offered banks all the funds they needed in order to avoid a meltdown of the stock market. Alan Greenspan can also be credited with blowing up the biggest debt bubble of all times in the new millennium. By lowering the Fed Funds rate to a record low of 1% the Federal Reserve contributed heavily to the American housing boom that turned out to be a bubble based on easy credit. Greenspan conceded in 2008 to Congress that he erred on wrong side when the Federal Reserve thought that the financial industry should not be burdened with more oversight. At this time the USA had fallen in the biggest financial crisis ever.

Wow, your post makes mine look febele. More power to you!

Please teach the rest of these internet hooliagns how to write and research!

The Federal Reserve Banks

The 12 Federal Reserve Banks were established by Congress as the operating arms of the nation's central banking system. Many of the services provided to depository institutions and the federal government by this network of Reserve Banks are similar to services provided by commercial banks and thrift institutions to business customers and individuals.

Reserve Banks

  • hold the cash reserves of depository institutions and make loans to them
  • move currency and coin into and out of circulation, and collect and process millions of checks each day
  • provide checking accounts for the Treasury, issue and redeem government securities, and act in other ways as fiscal agent for the U.S. government
  • supervise and examine commercial banks that are members of the Federal Reserve System for safety and soundness
  • participate in the activity that is the primary responsibility of the Federal Reserve System, the setting of monetary policy.
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki