A new study by the Federal Reserve Bank of New York breaks down the geography of credit security — a little-explored metric ...

The rate of interest by which they make these loans is known as the federal funds rate. The Fed calculates a bank’s reserve requirements as a ratio based on its liabilities. The federal funds ...

When the Federal Reserve was created in 1913, the U.S. Congress established three primary objectives for its central bank: maximize employment, stabilize prices, and manage long-term interest rates.