federal reserve

The Federal Reserve (known informally as "The Fed") was created in 1913 when President Woodrow Wilson signed the Federal Reserve Act into law, which effectively centralized America’s banking system. The Board of Governors is the presidentially appointed governing body.

The Federal Reserve has four basic functions, though it provides a variety of services to the United States Government. First, it influences market conditions by regulating national interest rates. Second, it supervises banking institutions and safeguards consumer credit rights. Third, it attempts to stabilize financial markets that would otherwise undermine the economic stability of the United States. Finally, it offers a variety of financial services to U.S. and internationally recognized foreign institutions.

The Federal Reserve also controls the discount rate (a basic interbank lending rate), and has the power to bail out major corporations, pending congressional approval - a power that is, however, highly contested in the political discourse.

by Jason J. Campbell Are you a writer, passionate about this or any other topic? Join Blogcritics!

Original Technorati articles tagged “federal reserve”

• in Business
  Federal Reserve: Low Rates Until Late 2014
  Ben Bernanke suggests that the economy will not improve for at least 2 years.
  by stephengfm / on Jan 25, 2012
• in Business
  Europe's Banks Dump Euro Debt, Look For Investors
  Europe's Banks are clearly staying out of the end game to rescue Europe, but Central Bankers are loosening purse, hoping that investors will step in
  by ecothrust / on Dec 5, 2011
• in Finance
  Not Again! Jobless Claims on the Rise!
  Reports on our nation's economy are mixed at best. For the unemployed, is there a ray of hope out there?
  by inlovewiththelord / on Sep 11, 2011

Latest blogosphere posts tagged “federal reserve”

 

• The Economy and Bond Market Radar (January 30, 2012)

  
  GreenLightAdvisor Views — Authority: 127
  The Economy and Bond Market Radar (January 30, 2012) Long-term Treasury yields fell sharply this week as once again the schizophrenic market gyrates up one week and down the next, which is what we have experienced since mid-November. The Federal Reserve surprised the market this week with a news release that ...
  4 hours ago

• Energy and Natural Resources Radar (January 30, 2012)

  
  GreenLightAdvisor Views — Authority: 127
  Energy and Natural Resources Market Radar (January 30, 2012) Strengths Industrial metals rallied strongly this week bolstered by positive economic data in the U.S., dovish language from the Federal Reserve and likely short-covering. Copper finished up almost 4 percent at $3.89 per pound, making this the ...
  4 hours ago

• Brent rises above $111 on demand growth hopes, Iran threat

  
  Dubai Business | Kippreport — Authority: 505
  Brent crude rose above $111 on Friday on hopes of steady demand growth as the latest data out of the United States swelled a list of positive indicators pointing to economic expansion gaining momentum in the world’s top oil consumer. The indicators come just as the US Federal Reserve promised to keep interest rates ...
  1 day ago

• Fed unlikely to raise rates until 2014

  
  TV Leak — Authority: 133
  On Wednesday The Federal Reserve has stated that it is unlikely to raise interest rates before late 2014 after a period of record-low rates for more than a year. This is in response to the recession and is hoped there will be further improvement in the jobs market. http://www.youtube.com/watch?v=f4nk49U-2FY
  1 day ago

• Living In A QE World

  
  The Big Picture — Authority: 684
  All Central Bank Balance Sheets Are Exploding Higher, Or Engaged In QE The degree to which central banks around the world are printing money is unprecedented. The first eight charts below show the balance sheets of the largest central banks in the world. They are the European Central Bank (ECB), the Federal ...
  2 days ago

• Euro at Cross Roads?

  
  Marc to Market — Authority: 492
  A well received Italian bill auction coupled with hopes of a near-term Greek deal has seen the euro recover from the slide in North America yesterday.  The euro came within about 20 points of yesterdays high after slipping to just below $1.3080 in Asia.  Short-term technical indicators warn the euro is over-extended ...
  2 days ago

• GLOBAL MARKETS: Asian stocks pause after rallying on Fed report

  
  Philippine News Feed — Authority: 143
  TOKYO — The broad asset rally which the US Federal Reserve inspired by pledging to keep rates low decelerated on Friday as investors awaited the outcome of Greek debt talks and US gross domestic product data. Read full story: GLOBAL MARKETS: Asian stocks pause after rallying on Fed report (external link)
  2 days ago

• Inflation remains low–thanks to Bernanke?

  
  Cranach: The Blog of Veith — Authority: 493
  One of the Republican candidate’s favorite whipping boys is Ben Bernanke, head of the Federal Reserve.  They have been accusing him of employing monetary policies that produce inflation.  But it turns out, inflation rates continue to be low: Bernanke didn’t need to rebut his critics; the facts already have. ...
  2 days ago

• Is the Fed Undermining the Recovery?

  
  TIME.com — Authority: 649
  Ben Bernanke is playing chicken with the real economy. By most measures the economy in the past few months seems to be improving. The unemployment rate has been falling. Manufacturing appears to be perking up. U.S. car companies are back in business. And home sales even rose in December. (LIST: The Heavy Hitters of ...
  3 days ago

• Interactive Business Bullet: Central banks QE, a trio of miners, EasyJet and Gold tip

  
  Daily Telegraph | Telegraph.co.uk — Authority: 163
  Top stories:Central banks QE, a trio of miners, EasyJet and Gold tip
  3 days ago

• Oil rose for a second day in New York on speculation that Federal Reserve plans to keep U.S. interest rates near a record-low will bolster economic growth and stoke fuel demand in the world’s biggest crude consumer. CALL 8743824252 WWW.KINGOFCRUDEOIL.COM

  
  Daily Updates about Commodity in India — Authority: 151
  .cpvg-field-name{ font-weight:bold; } .cpvg-field-value{ } .cpvg-field{ margin-top:10px; margin-bottom:10px; } .cpvg-field-value ul { /*padding:0px; margin:0px 0px 0px 20px; */ }Posted on: 2012-01-26 16:21:10Description: Oil rose for a second day in New York on speculation that [...]
  3 days ago

• Ben S. Bernanke laid the groundwork for a third round of large-scale asset purchases should unemployment remain higher than the Federal Reserve would like while inflation falls below a newly-established target. Call 9810964157 www.TheBullionKing.com

  
  Daily Updates about Commodity in India — Authority: 151
  .cpvg-field-name{ font-weight:bold; } .cpvg-field-value{ } .cpvg-field{ margin-top:10px; margin-bottom:10px; } .cpvg-field-value ul { /*padding:0px; margin:0px 0px 0px 20px; */ }Posted on: 2012-01-26 15:57:52Description: Ben S. Bernanke laid the groundwork for a third round of [...]
  3 days ago

• Fed In Focus

  
  Dow 30 — Authority: 107
  [IMG: http://dl.dropbox.com/u/39200540/FOMC01.jpg]
  3 days ago

• In defense of the Fed

  
  Humble Student of the Markets — Authority: 497
  Instead of being one of another million bloggers discussing the Feds decision to hold interest rates low until 2014, I wanted to write about the Feds role in the conduct of monetary policy. There has been a lot of criticism of the Federal Reserve from Republican quarters during this presidential primary season. Much ...
  3 days ago

• The Federal Reserve Meets Today : Mortgage Rates Expected To Move

  
  Your Mortgage Planner 2.0 Blog Your Mortgage Planner 2.0 Blog — Authority: 106
  The Federal Open Market Committee adjourns from a scheduled 2-day meeting today, its first of  8 scheduled meetings this year . The FOMC is a designated, rotating, 12-person committee within the Federal Reserve, led by Federal Reserve Chairman Ben Bernanke. Members of the FOMC sub-committee are the voting members of ...
  4 days ago

• The Next Housing Bailout

  
  NOVAKEO.COM — Authority: 120
  The Banks Need to Offload Millions of Unwanted Homes. Guess Who’s Going to Buy Them? Why are housing prices falling when the number of houses on the market continues to decline? Usually, when supply shrinks, then prices rise, right? So, why isn’t that happening now? The reason is that housing market never ...
  5 days ago

• Meet the new Federal Reserve members

  
  Money employment & careers - money-employment.marc8.com — Authority: 129
  Its a new year. And that means a new, and probably less divided, Fed.
  5 days ago

• Frontrunning: January 23

  
  ZeroHedge — Authority: 780
  IMF begging ECB for cash, ECB begging Germany for cash... all is well: Lagarde Says Europe Must Boost Firewall ( WSJ ) More rumors of inflation targeting: Bernanke near inflation target prize, but jobs a concern ( Reuters ) A Sears Wager Stings at Goldman ( WSJ ) Draghi Makes Euro Favorite for Most-Profitable Carry ...
  6 days ago

• News That Matters

  
  ZeroHedge — Authority: 780
      Thetrader.se The extended Santa Rally has surprised many. With the light volume melt up, many are rather confused at these levels. Shorts sweating, longs enjoying, but want to exit fast, if this turns lower. Volatility has collapsed, and people now hate anything called theta. HFT still dominating the market. ...
  6 days ago

• Wes Moss: Is Ron Paul crazy?

  
  Atlanta Bargain Hunter — Authority: 461
  Certified financial planner Wes Moss provides personal finance advice and accessible investment strategies. His guest post appears here weekly. Wes Moss hosts Money Matters Sunday mornings on AM750 and 95.5FM News/Talk WSB Rep. Ron Paul (R-TX) wants to get rid of the U.S. Federal Reserve System – an ...
  6 days ago

Comments about federal reserve