Sunday, September 21, 2014 6:07 AM EST

Federal Reserve

The Federal Reserve System (also known as the Federal Reserve, and informally as the Fed) is the central banking system of the United States. It was created in 1913, with the enactment of the Federal Reserve Act, and was largely a response to prior financial panics and bank runs, the most severe of which being the Panic of 1907. Over time, the roles and responsibilities of the Federal Reserve System have expanded and its structure has evolved. Events such as the Great Depression were some of the major factors leading to changes in the system.

Headlines Around the Web

FIIs pour in over Rs 1,000 crore in equities

Jan 05 - The Times of India

EM bond sales hit record high

Jan 03 - Financial Times

Articles About Federal Reserve

Dollar notes
Australian Dollar Outlook - 18 September 2014

By IBTimes AU

The AUD had been losing ground during the night, then after the FOMC statement it fell from 0.9020 to 0.8950 levels (Sep 18)

MORE TOPICS: AUSTRALIA, UNEMPLOYMENT, GDP, AUSTRALIA

Global stock market indices
Australian Stock Market Report – Midday September 18, 2014

By Comsec

Despite a firmer start this morning, the Australian sharemarket is trading at its lowest level since 2 July at lunch. The All Ordinaries Index (XAO) is below the key 5400pt mark, is down for the seventh day and this is the worst week for local markets in 15 months. (Sep 18)

MORE TOPICS: TWITTER, FACEBOOK, RETAIL, RIO TINTO

Federal Reserve
Australian Stock Market Report – Morning September 18, 2014

By Comsec

The US Federal Reserve left interest rate settings unchanged with the federal funds target range at zero to 0.25% and decided to wind back asset purchases from $25 billion to $15 billion a month. The Fed retained its key statement "that it likel... (Sep 18)

MORE TOPICS: GOLD, DOW JONES, FTSE, TWITTER, FACEBOOK, AUSTRALIA

New York Stock Exchange
Australian Stock Market Report – Afternoon September 17, 2014

By Comsec

Buyers made several attempts at pushing local shares higher in early trade on Wednesday, although their efforts were brought to heel quickly. As lunchtime loomed on the east coast the market was again dipping into the red. (Sep 17)

MORE TOPICS: CHINA, GOLD, TWITTER, FACEBOOK, GOLD PRICES, RETAIL

Janet Yellen
Australian Stock Market Report – Midday September 17, 2014

By Comsec

Buyers made several attempts at pushing local shares higher in early trade on Wednesday, although their efforts were brought to heel quickly. As lunchtime loomed on the east coast the market was again dipping into the red. (Sep 17)

MORE TOPICS: CHINA, GOLD, TWITTER, FACEBOOK, GOLD PRICES, RETAIL

US Dollar: Way to Majesty and Honor in Society
Australian Dollar Outlook - 17 September 2014

By IBTimes AU

Bell FX Currency Outlook: The Australian Dollar starts the day just below .9100 after its brief flirtation with the sub .9000’s as the speculation increases about the language that will accompany the FOMC announcement early Thursday morning Australi... (Sep 17)

MORE TOPICS: CHINA, GERMANY, GDP, AUSTRALIA, BANK OF ENGLAND

New York Stock Exchange
Australian Stock Market Report – Morning September 17, 2014

By Comsec

In US economic data, producer prices were unchanged in August. Excluding food and energy, prices were up 0. Producer prices are up 1.8% on a year ago. Chain store sales were up 3.6% on a year ago, down from the 4.9% annual gain in the previous week. (Sep 17)

MORE TOPICS: GOLD, DOW JONES, FTSE, TWITTER, FACEBOOK, GOLD PRICES

Walmart NO: 1 Retailer in the World Market with $473.1 bln in 2014 FY
Australian Stock Market Report – Morning September 15, 2014

By Comsec

In US economic data, retail sales rose by 0.6% in August and lifted 0.3% if autos are excluded. Both results were in line with forecasts. Consumer sentiment rose from 82.5 to 84.6 in September, above forecasts for a result near 83.3. (Sep 15)

MORE TOPICS: GOLD, DOW JONES, FTSE, TWITTER, FACEBOOK, GOLD PRICES

Cocaine haul in Peru
Global Commission On Drug Policy Recommends Decriminalisation of Heroin, Cocaine

By IBTimes AU

The Global Commission on Drug Policy wants to go beyond the legalisation of marijuana but would recommend on Tuesday, Sept 16, the decriminalisation and regulation of the use of most other illegal drugs such as heroin and cocaine. (Sep 11)

MORE TOPICS: HUMAN RIGHTS, RETAIL, RUSSIA

New Zealand Dollar
Australian Stock Market Report – Morning September 11, 2014

By Comsec

Breaking news, the New Zealand Central Bank kept interest rates on hold at 3. The statement following the no change decision suggested that policymakers were assesing conditions before looking to further rate hikes if necessary. (Sep 11)

MORE TOPICS: IPHONE, GOLD, DOW JONES, FTSE, TWITTER, FACEBOOK