By Andrew Moran Consumer prices accelerated for the second straight month in April as the war in Iran added to renewed inflationary pressures. The annual inflation rate rose to 3.8 percent, from 3.3 percent in March, according to new Bureau of Labor Statistics data released on May 12. This is now the highest level of […]
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.
