federal reserve

Federal Reserve System is the central banking system of the United States of America. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics led to the desire for central control of the monetary system in order to alleviate financial crises.

Source: federalreserve.gov

Consumer Spending Confidence Hits Five-Month High

Consumer Spending Confidence Hits Five-Month High
Consumer Spending Confidence Hits Five-Month High
December 24, 2015  |  News

The twin engines of cheap (and perhaps, finally, affordable) gasoline and a burgeoning U.S. payroll helped bring U.S. consumers to a relatively high confidence level...

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Online Lenders May Raise Rates
Online Lenders May Raise Rates
December 23, 2015  |  News

The move by the Fed to raise interest rates earlier this month may have a ripple effect across the online lending space, The Wall Street...

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Online Lender Surge Puts Market Under Microscope
Online Lender Surge Puts Market Under Microscope
December 15, 2015  |  News

The growth in online lending has been heady enough — and quick enough — to bring attention from regulators and other interested parties, The Wall...

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The Federal Reserve Just Says No To Drugs
The Federal Reserve Just Says No To Drugs
October 23, 2015  |  Alternative Credit

The marijuana entrepreneurs of Colorado will not have a special bank to call their own — unless a federal judge intervenes on their side. Get...

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