Tag: Federal Reserve

The Federal Reserve (Fed) is the central banking system of the United States, responsible for managing monetary policy, regulating banks, and ensuring financial stability. Established in 1913, it consists of the Board of Governors, 12 regional banks, and the Federal Open Market Committee (FOMC). The Fed controls inflation, employment, and economic growth by adjusting interest rates, money supply, and open market operations. It also acts as a lender of last resort during financial crises. Through tools like quantitative easing and reserve requirements, the Fed influences credit availability, banking liquidity, and overall economic stability in the U.S. and global markets.