By Tom Ozimek The U.S. economy will grow faster next year than previously projected and inflationary pressures will tick down, but remain elevated, economists polled by the National Association for Business Economics (NABE) said in the group’s year-end forecast. The NABE outlook survey, released on Nov. 24 and based on responses from 42 professional forecasters, […]
Tag: Federal Reserve System
The Federal Reserve System is the central banking system of the United States of America. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics led to the desire for central control of the monetary system in order to alleviate financial crises.
