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.

All of the categories account for the amount of cash in the economy, but each category has a slightly different definition ... bank. Both M0 and MB are incorporated in M1 and M2. The Federal ...

The Federal Reserve is the U.S. central bank whose rate changes can indirectly affect your bank’s savings and loan rates. Many, or all, of the products featured on this page are from our ...