Friday, November 21, 2014 7:31 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

Housing
Australian Stock Market Report – Morning November 20, 2014

By Comsec

In the US, housing starts fell by 2.8% to a 1.009 million annual rate in October. Analysts had tipped a result near 1.025m. But building permits were stronger than expected, up 4. The mortgage market index rose by 5.2% in the latest week. And there were net capital outflows totalling US$55. (Nov 20)

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

People try out laptops displayed at an electronics retail store in Tokyo November, 16, 2014. Japan's economy unexpectedly shrank an annualised 1.6 percent in July-September after a severe contraction in the previous quarter, likely solidifying the view th
Australian Stock Market Report – Morning November 19, 2014

By Comsec

In the US, producer prices rose by 0.2% in October to be up 1.5% over the year. Core prices (ex food & energy) rose by 0.4% to be up 1.8% on a year ago. The NAHB housing market index improved from 54 to 58 in November. (Nov 19)

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

Car manufacturing
Australian Stock Market Report – Morning November 18, 2014

By Comsec

In the US, industrial production fell by 0.1% in October, short of forecasts tipping a 0.2% gain. The New York Fed manufacturing index rose from +6.17 to +10.16 in November. (Nov 18)

MORE TOPICS: GOLD, DOW JONES, FTSE, MANUFACTURING, FACEBOOK, JAPAN

The United States Federal Reserve Board building is shown in Washington October 28, 2014. The U.S. Federal Reserve this week will likely reinforce its stated willingness to wait a long while before hiking interest rates after a volatile month in financial
Global Markets Overview – November 13, 2014

By IG Markets

Equities continued to consolidate with a mild risk-off tone in a fairly quiet session on the economic calendar. The highlight was perhaps comments by Fed member Charles Plosser who reiterated the Fed should begin raising rates soon in order to avoid being far behind the curve. (Nov 13)

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

A pedestrian is reflected in the window of the Australian Securities Exchange with boards displaying stock movements, in central Sydney September 24, 2014. Australian shares lost 0.7 percent on Wednesday morning as Wall Street fell overnight for a third s
Australian Stock Market Report – Midday November 10, 2014

By Comsec

Sellers have applied their weight to the share market on Monday, discriminating little between the various sectors. Mining and energy stocks however have escaped the attention that has seen financials lead the way lower after Westpac (WBC) went ex-dividend, shedding more than 3.5% in the process. (Nov 10)

MORE TOPICS: CHINA, UNEMPLOYMENT, DOW JONES, WESTPAC, CRUDE OIL, TWITTER

Employees work at a factory run by PIKO, a model railway manufacturer, in the eastern German town of Sonneberg, October 9, 2014. The small town fell into crisis when East and West Germany reunified but an influx of new firms has helped its economy grow mo
Australian Stock Market Report – Morning November 10, 2014

By Comsec

In the US, non-farm payrolls (employment) rose by 214,000 in October, short of forecasts tipping a 231,000 gain. Unemployment fell to a 6-year low of 5. Average earnings rose by 0. The labour force participation rate rose from 62.7% to 62. (Nov 10)

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

Bank of Japan (BOJ) Governor Haruhiko Kuroda points to a placard showing BOJ policy decisions during a news conference at the BOJ headquarters in Tokyo October 31, 2014. The Bank of Japan surprised global financial markets on Friday by expanding its massi
Global Markets Overview – November 3, 2014

By IG Markets

The BoJ took everyone by surprise on Friday. The shock of a ¥30 trillion increase in the pace of long-term government bonds (JBG's) and major portfolio rebalancing from the Government Pension Investment Fund (GPIF) has added a new dimension to the global currency wars. (Nov 03)

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

New Zealand Dollar
New Zealand Sets Record Number of Migrants; NZ Dollar Rises Amid US Economy Uncertainties

By IBTimes AU

New Zealand has set a new record for the highest number of migrants flocking to the country for the year ended Sept. 30. (Oct 21)

MORE TOPICS: IBM, AUSTRALIA, INDIA

European Central Bank
Australian Stock Market Report – Morning October 21, 2013

By Comsec

European shares fell on Monday, trimming gains made in the previous session. German software maker SAP fell 5.8% after cutting its full-year profit outlook. The news hit the tech sector with the STOXX 600 Technology sector falling 2. German sportswear firm Adidas rose 3. (Oct 21)

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

Federal Reserve
Australian Stock Market Report – Midday October 17, 2014

By Comsec

Global markets finished mixed overnight with investors shrugging off earnings results from Google, Goldman Sachs and Netflix together with better than expected economic news on jobless claims and industrial production. (Oct 17)

MORE TOPICS: NETFLIX, GOLDMAN SACHS, MORGAN STANLEY, TWITTER, FACEBOOK, GDP