By Andrew Moran The Federal Reserve voted to leave interest rates unchanged at the September Federal Open Market Committee (FOMC) policy meeting, keeping the benchmark fed funds rate at a range of 5.25 percent and 5.5 percent, the highest in 22 years. Central bank officials left the door open for one more rate hike before […]
Tag: Federal Reserve Bank
A Federal Reserve Bank is a regional bank of the Federal Reserve System, the central banking system of the United States. There are twelve in total, one for each of the twelve Federal Reserve Districts that were created by the Federal Reserve Act of 1913.
