The Federal Reserve System is a network of regional banks that acts as the central bank of the United States. What Is the Federal Reserve System (FRS)? The Federal Reserve System (FRS) is the central ...
Congress has until midnight on Sept. 30 to strike a compromise and avoid a shutdown. Neither side seems to be budging.
The Federal Open Market Committee, or FOMC, sets the fed funds rate. There are eight regularly scheduled FOMC meetings throughout the year, and its members include top officials from the U.S. Federal ...