Friday, August 22, 2014 1:59 PM 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

Unemployment
Australian Stock Market Report – Morning August 22, 2014

By Comsec

In US economic data, weekly claims for unemployment insurance fell by 14,000 to 298,000, below forecasts for a result near300,000. (9:47 am)

MORE TOPICS: CHINA, GOLD, UNEMPLOYMENT, DOW JONES, BANK OF AMERICA, FTSE

Global stock market indices
Australian Stock Market Report – Midday August 21, 2014

By Comsec

The Australian share market has continued to build on recent gains on Thursday. The positive tone in early trade was informed by gains on Wall St overnight which stemmed from the release of the minutes from the most recent US Federal reserve meeting. (2:21 pm)

MORE TOPICS: TWITTER, FACEBOOK, MANAGEMENT, INVESTMENT

Janet Yellen
Australian Stock Market Report – Morning August 21, 2014

By Comsec

According to minutes from the last Federal Reserve meeting some members were encouraged by recent developments: "Labor market conditions had moved noticeably closer to those viewed as normal in the longer run. (Aug 21)

MORE TOPICS: CHINA, GOLD, UNEMPLOYMENT, DOW JONES, FTSE, EXISTING HOME SALES

Retailer
Australian Stock Market Report – Morning August 20, 2014

By Comsec

In US economic data, both headline and core measures of consumer prices rose just 0.1% in July, just below forecasts. Housing starts rose by 15.7% to a 1.093 million annual rate in July, well above forecasts centred on a result near 969,000. And weekly chain store sales were up 3. (Aug 20)

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

Australian Dollar Outlook - 12 August 2014

By IBTimes AU

Bell FX Currency Outlook: It was a quiet start to the week with no significant data releases overnight. (Aug 12)

MORE TOPICS: AUSTRALIA, IRAQ, UNEMPLOYMENT, ISRAEL, RUSSIA, UKRAINE

New York Stock Exchange
High Yield and Floating Rate Funds Redemptions Hit Record Levels in Early August

By IBTimes AU

The specter of higher rates putting pressure on corporate earnings spurred investors to redeem a record setting $11.38 billion from High Yield Bond Funds and pull over $19 billion - a 26-week high - from U.S. Equity Funds, according to the latest data from EPFR. (Aug 12)

MORE TOPICS: PORTUGAL, JAPAN, AUSTRALIA, RETAIL, UKRAINE, NEW JERSEY

Stock Market
Australian Stock Market Report –Afternoon July 30, 2014

By Comsec

Despite pulling back a touch from the highs reached at midday, the Australian market still managed to close at a fresh six-year high. The All Ordinaries Index (XAO) rose by 0.6 per cent and improved for the 12th time in 16 trading sessions. (Jul 30)

MORE TOPICS: TWITTER, FACEBOOK, WOOLWORTHS

Stock Market
Australian Stock Market Report –Midday July 30, 2014

By Comsec

Investors initially kicked off the session a little hesitant ahead of major updates on both the US and Chinese economies over the next few days. Caution has been set to one side however; with the All Ordinaries Index (XAO) cracking through 5600 points for the first time since June 2008. (Jul 30)

MORE TOPICS: CHINA, TWITTER, FACEBOOK, AUSTRALIA, WOOLWORTHS, RIO TINTO

Euro and U.S. dollar banknotes
Australian Dollar Outlook - 30 July 2014

By IBTimes AU

Bell FX Currency Outlook: The Australian Dollar is slightly lower amid more signs the US economy is improving. (Jul 30)

MORE TOPICS: RETAIL SALES, GDP, AUSTRALIA, RETAIL, INVESTMENT

Four thousand U.S. dollars are counted out by a banker
Australian Stock Market Report – Morning July 30, 2014

By Comsec

Major currencies were softer against the US dollar on Tuesday ahead of the Federal Reserve decision. The Euro fell from highs near US$1.3445 to US$1.3405, before ending US trade near US$1.3410. The Aussie dollar fell from highs near US94.05c to lows near US93. (Jul 30)

MORE TOPICS: GOLD, TWITTER, FACEBOOK, GOLD PRICES, GDP, AUSTRALIA