The Fed's Grip on the Economy: Understanding the Federal Reserve's Economic Influence The Federal Reserve, often referred to as the "Fed," is a powerful institution that plays a significant role in shaping the US economy.
As the central bank of the United States, it has a profound impact on businesses and markets, making its policies and decisions worthy of scrutiny.
History of the Federal Reserve System The Federal Reserve System was created in 1913 with the passage of the Federal Reserve Act.