Federal Reserve

The Federal Reserve System (also known as the Federal Reserve, and informally as the Fed) is the central banking system of the United States. It was created in 1913, with the enactment of the Federal Reserve Act, and was largely a response to prior financial panics and bank runs, the most severe of which being the Panic of 1907. Over time, the roles and responsibilities of the Federal Reserve System have expanded and its structure has evolved. Events such as the Great Depression were some of the major factors leading to changes in the system.

Articles About Federal Reserve

US Stock Market
US Stocks - Time To 'Sell In May And Go Away'?

By IBTimes

You can't blame investors for feeling a bit squeamish regarding deploying new money in the U.S. stock market these days, with the Dow Jones Industrial Average’s (DJIA) recent slide from 13,300 to 12,450 unnerving even the most experienced institutional investors. (May 25)

MORE TOPICS: DOW JONES, BEN BERNANKE, PORTUGAL, GERMANY, MANUFACTURING, GDP

JPMorgan's Dimon to testify before Congress in June

By Reuters UK

JPMorgan Chase <JPM.N> Chief Executive Jamie Dimon has been invited to testify before the Senate Banking Committee on June 7 to give lawmakers insight into the bank's trading loss of at least $2 billion (1.27 billion pounds), Senator Tim Johnson said on Friday. (May 25)

MORE TOPICS: SEC, JPMORGAN CHASE, MANAGEMENT, FBI, INVESTMENT, LONDON

Euro
French, Germany Consumer Confidence Holding Up -- A Dangerous Sign of Euro Zone Crisis Fatigue?

By IBTimes

French and German consumer confidence showed unexpected strength, reports showed Friday. While the market is cheering about the "good news," some economists view this as a warning sign of a euro zone crisis fatigue - something that is as dangerous, if not more so than the crisis itself. (May 25)

MORE TOPICS: FREDDIE MAC, FANNIE MAE, BANK OF AMERICA, JPMORGAN CHASE, LEHMAN BROTHERS, MERRILL LYNCH

US Housing Sector
Are Record-Low Mortgage Rates Hurting The US Housing Market?

By IBTimes

U.S. mortgages rates have dropped to record lows for four consecutive weeks, but that doesn't mean more homes will be sold. In fact, at least one housing expert argues that extremely low rates are causing banks to be even more stringent with und... (May 25)

MORE TOPICS: BEN BERNANKE, JPMORGAN CHASE, WELLS FARGO, FREDDIE MAC

Fed's Plosser warns on discretionary policy decisions

By Reuters

The debate over how the Federal Reserve can best articulate its policy actions grew on Friday as a top Fed official warned against discretionary decisions, and asked whether a more systematic approach was desirable. (May 25)

MORE TOPICS: NEW YORK

Europe's slump deepens; U.S., China lose momentum

By Reuters

The shadows over the global economy darkened on Thursday as the euro zone's private sector contracted, U.S. manufacturing growth slowed and China's once-booming factories faltered. (May 24)

MORE TOPICS: CHINA, COMMERZBANK, WELLS FARGO, GERMANY, MANUFACTURING, RETAIL SALES

Federal Reserve Bank of Kansas City.
Manufacturing In Central Western States Rebound In May

By IBTimes

The Federal Reserve Bank of Kansas City said Thursday that manufacturing growth in the Midwest and part of the Rocky Mountain region rebounded in May and that firms were more optimistic than in previous months. (May 24)

MORE TOPICS: MANUFACTURING, MEXICO

Ron Paul 2012
Is Ron Paul 2012 Trying To Upstage Mitt Romney In Tampa? Paul Festival 2012 Would End Day Before Convention Starts

By IBTimes

Is Ron Paul 2012 trying to upstage presumptive Republican presidential nominee Mitt Romney during the 2012 Republican National Convention in Tampa? (May 24)

MORE TOPICS: FLORIDA

Euro zone slump deepens, China falters

By Reuters

The shadows being cast over the global economy darkened this month as the euro zone's private sector declined further and China's once-booming factories faltered, business surveys showed on Thursday. (May 24)

MORE TOPICS: CHINA, HSBC, GERMANY, MANUFACTURING, EUROPEAN UNION, RETAIL SALES

GE's Immelt still aims for 'smaller' finance arm

By Reuters UK

General Electric Co <GE.N> plans to continue to shrink its finance arm, pulling back from consumer finance and reducing its real estate holdings, but Chairman and Chief Executive Jeff Immelt said on Wednesday he did not know how long the change would take. (May 23)

MORE TOPICS: GENERAL ELECTRIC, INDIA, FLORIDA, NEW YORK

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