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

Fed Data Shows Household Worth Up To $136.9 Trillion, Debt Climbs 6.5 Pct In Q1

Fed Data Shows Household Worth Up To $136.9 Trillion, Debt Climbs 6.5 Pct In Q1
Fed Data Shows Household Worth Up To $136.9 Trillion, Debt Climbs 6.5 Pct In Q1
June 10, 2021  |  Economy

The net worth of households and nonprofits grew to $136.9 trillion for the first quarter of this year, according to a statistical release from the...

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From Taxes To Trading, Federal Scrutiny of Crypto Regulation Is On The Rise
From Taxes To Trading, Federal Scrutiny of Crypto Regulation Is On The Rise
June 04, 2021  |  Legal & Regulation

In the end, the ultimate fate of cryptos – where they trade, how they’re used, maybe even who can use them – may be left...

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Fed: Vaccines, Relaxed Social Distancing Boost Economy, But Companies Still Have Trouble Hiring
Fed: Vaccines, Relaxed Social Distancing Boost Economy, But Companies Still Have Trouble Hiring
June 02, 2021  |  Economy

The Federal Reserve said Wednesday (June 2) that the U.S. economy grew at a moderate clip between early April and late May, according to the...

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Bitcoin’s Woes Spark Gov’t Probes And Clear Way For CBDCs
Bitcoin’s Woes Spark Gov’t Probes And Clear Way For CBDCs
May 24, 2021  |  Cryptocurrency

You could call it the crypto conundrum: the more volatile the crypto markets get, the more attention they garner from regulators in the U.S. and...

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Fed Governor: US Has CBDC Hurdles To Clear
Fed Governor: US Has CBDC Hurdles To Clear
May 24, 2021  |  Cryptocurrency

Is the U.S. ready for a digital dollar? Not just yet, Federal Reserve Governor Lael Brainard said in a speech at CoinDesk’s Consensus 2021 on...

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Fed’s Powell Wants New Input On Digital Currencies
Fed’s Powell Wants New Input On Digital Currencies
May 20, 2021  |  Cryptocurrency

Federal Reserve Chair Jerome Powell wants more input on digital currencies as the new form of money gains in popularity, according to a Thursday (May...

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Fed Survey: 1 In 4 Adults ‘Worse Off’ In 2020 Than Before Pandemic
Fed Survey: 1 In 4 Adults ‘Worse Off’ In 2020 Than Before Pandemic
May 17, 2021  |  Economy

We may be getting through the pandemic, with light at the end of the proverbial tunnel, but the economic impacts still appear to be lingering....

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Atlanta Fed Forms New Committee To Advance Safe, Efficient And Inclusive Payments
Atlanta Fed Forms New Committee To Advance Safe, Efficient And Inclusive Payments
May 16, 2021  |  Financial Inclusion

The Federal Reserve Bank of Atlanta has formed a new special committee to look into ways for those reliant on cash to become more integrated...

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