Thursday, April 24, 2014 9:33 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

A man monitors stock market prices inside a brokerage in Taipei
Australian Stock Market Report – Morning 4/24/14

By Comsec

In US economic data, new home sales fell by 14.5% to a 384,000 annual rate in March, an 8-month low and below the market expectation for a result near 450,000. The Markit manufacturing index eased from 55.5 to 55.4 in April, below forecasts for a result near 56. (9:10 am)

MORE TOPICS: GOLD, UNEMPLOYMENT, DOW JONES, FTSE, CRUDE OIL, MANUFACTURING

US Housing Sector
Australian Stock Market Report – Morning 4/23/14

By Comsec

In US economic data, existing home sales fell by just 0.2% to a 4.59 million annual rate in March, above forecasts for a result near 4.55m. The FHFA home price index rose by 0.6% in February to stand 6.9% higher than a year ago. The Richmond Federal Reserve index rose from minus 7 to +7 in April. (Apr 23)

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

Foreign market participants view the domestic stock market as risky and its bond market is seen as underdeveloped compared to the West (Photo: Reuters)
Australian Stock Market Report – Afternoon 4/22/14

By Comsec

The Australian share market rose in thin trading volumes on the first day of the shortened trading week. Markets were closed yesterday for the Easter Monday holiday and will be shut again on Friday for Anzac Day. (Apr 22)

MORE TOPICS: GOLD, WESTPAC, TWITTER, FACEBOOK, WOOLWORTHS, RIO TINTO

Traders work on the floor of the New York Stock Exchange
Australian Stock Market Report – Morning 4/22/14

By Comsec

In US economic data, the national activity index eased from a revised reading of +0.53 points in February to +0.20 points in March. The leading index rose by 0.8% in March, higher than the market expectation for a gain of +0. (Apr 22)

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

Asian shares rise as Fed Minutes Soothe Sentiment
Asian Stocks Subdued on Ukraine Caution

By Reuters

Asian stock markets started the week on a subdued note on Monday, as tensions in Ukraine kept investors cautious amid an absence of catalysts as several markets remained closed for the Easter holiday. (Apr 21)

MORE TOPICS: CHINA, GOLD, BARCLAYS, EUROPEAN UNION, JAPAN, RUSSIA

ASX
Australian Stock Market Report – Afternoon 4/17/14

By Comsec

The ASX 200 ended Thursday's session with a flourish having posted highs in the late morning. The index tapered away in the afternoon although it kicked higher to end the week with a gain of almost 0. (Apr 17)

MORE TOPICS: DEUTSCHE BANK, GOLDMAN SACHS, TWITTER, FACEBOOK, AUSTRALIA

Asian shares rise as Fed Minutes Soothe Sentiment
Asian Stocks Struggle Higher, Lack Conviction

By Reuters

Asian share markets eked out gains on Thursday as dovish comments from the head of the U.S. Federal Reserve combined with an upbeat economic assessment from the central bank to lift Wall Street for a third straight session. (Apr 17)

MORE TOPICS: GOOGLE INC., GOLD, IBM, BARCLAYS, JAPAN, AUSTRALIA

US Housing Starts
Australian Stock Market Report – Morning 4/17/14

By Comsec

In US economic data, housing starts rose by 2.8% to an annual rate of 946,000 in March, below expectations for a result near 973,000. Industrial production rose by 0.7% in March, above expectations for a gain of 0. (Apr 17)

MORE TOPICS: CHINA, GOLD, UNEMPLOYMENT, DOW JONES, FTSE, TWITTER

Asian shares rise as Fed Minutes Soothe Sentiment
Asian Shares Offer Muted Cheer to China Growth

By Reuters

Asian share markets were mostly in the black on Wednesday after China reported economic growth a touch above forecasts, a relief for investors who had feared a much weaker outcome. (Apr 16)

MORE TOPICS: CHINA, GOLD, RETAIL SALES, GDP, JAPAN, RETAIL

The sun rises to the east of the U.S. Federal Reserve building in Washington, July 31, 2013.
Australian Stock Market Report – Morning 4/16/14

By Comsec

In US economic data, the headline and core measures of consumer prices (the latter excludes food and energy) both rose 0.2% in March, above forecasts for a 0.1% gain. The New York Federal Reserve manufacturing index eased from +5.61 to +1.29 in April. (Apr 16)

MORE TOPICS: CHINA, GOLD, DOW JONES, FTSE, MANUFACTURING, TWITTER