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2. Federal Open Market Committee - Wikipedia

   en.wikipedia.org/wiki/Federal_Open_Market_Committee

   The Federal Open Market Committee was formed by the Banking Act of 1933 (codified at 12 U.S.C. § 263) and did not include voting rights for the Federal Reserve Board of Governors. The Banking Act of 1935 revised these protocols to include the Board of Governors and to closely resemble the present-day FOMC and was amended in 1942 to give the ...

3. Monetary policy of the United States - Wikipedia

   en.wikipedia.org/wiki/Monetary_policy_of_the...

   The Federal Reserve presently directly controls only the most narrow form of money, physical cash outstanding; the Federal Reserve indirectly influences the supply of other types of money. Until 2020, the Federal Reserve also used reserve requirements, enabling it to directly ensure a minimum of reserve balances of commercial banks, which ...

4. Federal Reserve - Wikipedia

   en.wikipedia.org/wiki/Federal_Reserve

   The Federal Reserve System (often shortened to the Federal Reserve, or simply the Fed) is the central banking system of the United States.It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics (particularly the panic of 1907) led to the desire for central control of the monetary system in order to alleviate financial crises.

5. Here's how the Fed's interest rate cut today could impact ...

   www.aol.com/heres-expect-feds-interest-rate...

   On Dec. 18, the Federal Reserve made its third consecutive cut of 2024, reducing the federal funds rate by 0.25 percentage points. Yet the Fed also projected a slower pace of cuts in 2025, a move ...

6. When’s the next Federal Reserve meeting? What to expect - AOL

   www.aol.com/finance/when-is-next-fed-meeting...

   The Federal Reserve meets for its first two-day rate-setting session of 2025 on Tuesday, January 28, and Wednesday, January 29, 2025. At the end of its Federal Open Market Committee session on ...

7. The biggest winners and losers of today's Fed rate cut (and ...

   www.aol.com/finance/fed-rate-winners-losers...

   The Federal Reserve cut its federal funds rate by a quarter point today following a two-day policy meeting, bringing its benchmark rate to between 4.25% and 4.50%. ... Money market funds, which ...