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The monetary policy of the United States is the set of policies which the Federal Reserve follows to achieve its twin objectives of high employment and stable inflation. [1] The US central bank, The Federal Reserve System, colloquially known as "The Fed", was created in 1913 by the Federal Reserve Act as the monetary authority of the United States.
The economic data published on FRED are widely reported in the media and play a key role in financial markets. In a 2012 Business Insider article titled "The Most Amazing Economics Website in the World", Joe Weisenthal quoted Paul Krugman as saying: "I think just about everyone doing short-order research — trying to make sense of economic issues in more or less real time — has become a ...
The Fed rate cuts made since September have "notably reduced the restrictiveness of monetary policy," she added. The Fed has now lowered short-term rates by a full percentage point to a range of 4 ...
A 2023 report from the Schwartz Center for Economic Policy Analysis notes that 20% of adults aged 55 and older struggled with one or more daily activities. Among those, 42% who have difficulty in ...
The Monetary Policy Report to the Congress is a semi-annual report prepared by the Board of Governors of the Federal Reserve and presented to the Congress of the United States. The Chairman of the Board of Governors is called on to offer oral testimony about the report to the Committee on Banking, Housing, and Urban Affairs of the Senate and ...
In the United States the unofficial beginning and ending dates of national economic expansions have been defined by an American private non-profit research organization known as the National Bureau of Economic Research (NBER). The NBER defines an expansion as a period when economic activity rises substantially, spreads across the economy, and ...
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The monetary policy of the United States regulates the supply of the United States dollar. Monetary policy is governed by the Federal Reserve Act of 1913. [17] The Federal Reserve is the central bank of the United States and serves as the monetary authority.