In 1913, Congress created the Federal Reserve Act, which established the Federal Reserve system as we know it. President Woodrow Wilson signed the act into law on December 23, 1913. When the Fed ...

"The Panic of 1907." Federal Reserve Education. "Structure and Functions of the Federal Reserve System." George Grey. "Federal Reserve System: Background, Analyses and Bibliography," Page 75.

The Federal Reserve has three main objectives: maximize employment, stabilize prices, and moderate long-term interest rates. Learn how the Fed’s role has expanded since it was established in 1913.

President Trump has said he will "demand" lower interest rates, raising questions about his ability to influence the Federal ...

The Federal Reserve announced that it has withdrawn from the Network of Central Banks and Supervisors for Greening the Financial System, which incorporated climate risk into financial rules.