March FOMC: a press conference with Federal Reserve Chairwoman Janet Yellen - Thurs 3/16 - 2:30 PM ET
The Federal Reserve System is the central banking system of the United States of America.
The body was established by Congress more than a century ago, when President Woodrow Wilson signed the Federal Reserve Act into law on December 23, 1913. Prior to the creation of the Fed, the U.S. economy was plagued by frequent episodes of panic, bank failures, and credit scarcity.
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