The Federal Reserve (The Fed), or the U.S. Central Bank was created in 1913 as part of the Federal Reserve Act. The Fed has the power to change interest rates, and “print money” among other powers. The Fed Funds Rate,
The Federal Reserve (The Fed), or the U.S. Central Bank was created in 1913 as part of the Federal Reserve Act. The Fed has the power to change interest rates, and “print money” among other powers. The Fed Funds Rate,