WASHINGTON – The FederalReserve lowered its key interest rate ... The move is expected to reverberate through the financial system, lowering borrowing costs for credit cards, some mortgages ...
The FederalReserve is the central bank of the United States and the anchor of the country's financial system and economic health. It’s governed by a federal Board of Governors appointed by ...
However, the FederalReserve is much more than that. The FederalReserve ensures the smooth operation of the banking system and guides the nation's economy by managing U.S. currency and by ...